Your guide to fees and charges: what to pay and when?
Good news: Student Places won’t charge you a penny in fees when you move into your new home 🎉
Any costs that are incurred from managing your tenancy are handled by your landlord but there are some things you may have to fork out for along the way. To help you to budget effectively, we’ve created this handy guide which takes you through the fees and charges you may have to dig deep for during your tenancy.
Before you sign contracts, security deposit
Calling SHOTGUN isn’t enough to call dibs on your student home, we’re afraid. To reserve your property, we ask for a £150 security deposit. This is repaid at the end of the tenancy if there are no costs to deduct.
Transfer fee if someone else replaces you on your tenancy agreement
Moving out before your housemates are? No problem. Once you’ve found a new person to take your room, simply give us a call and we’ll handle all this for you. Bear in mind, however, there will be a £50 fee which you’ll have to pay to finalise the switch.
Call-out charges if you get locked out or block the loo
While most repairs will be covered under your tenancy agreement, there are some things which you’ll have to cover the cost of yourself – like if you lose your key or block the sinks or loo. As well as the cost of fixing the issue, you’ll also have to pay a call-out charge which stands at £20 an hour, Monday-Friday, 9am-5pm, or £50 an hour for anything outside of this time.
Repairs for damages to your home
Accidents happen, we know. But you may find yourself out of pocket if we have to professionally-clean red wine stains off your carpet every time you or your guests have a mishap.
Cleaning fees after you move out if things aren’t up to scratch
If your home isn’t handed back to us sparkling clean and free from rubbish, we may need to enlist the help of the professionals (to the tune of £20 an hour), a cost which will be passed on to you and your housemates.
Recap: fees and charges you may have to pay
- A refundable £150 deposit.
- £50 to switch names on the tenancy agreement.
- Call-out charges in the case of an emergency.
- Repair fees for any broken fixtures and fittings.
For more advice on finding your new student home, get in touch with the Student Places crew today.