
You failed the year at uni, so what do you do with your room?
Rentinc Students blog
Rentinc Students blog
Posted in: Students
June 25, 2019 2:09 pmFirst off (in the spirit of The Clash obvs) you’ll need to decide if you’re going to stay living in your student gaff or if you’re going to go home for the year. It’s cool if you wanna get a job and live as a professional in your Rentinc pad, we’re fine with that. Keep us in the loop at this point – we know big decisions can take a while and it’ll be easier for us to help if you let us know what’s going on.
If you decide to stick with it and get a job for the year, while you do a few re-sits, it’s all pretty straightforward. Once you’ve found a job you just need to let us know that you’re now working and show us some paperwork for us to double check.
Then, no matter whether you’ve opted all-inc or non-inc, you’ll still need to let the council know that you’re no longer a full-time student. Remember you’ll need to budget for paying council tax but make sure to let the council know that you’re living with students to score yourself a discount.
If you think moving back home for the year would be easier then you’re best to find someone to take your room and replace your part on the contract. Here’s how to do it:
Sorry, but you’ll still need to keep paying your rent while all of this is going on. You’ll be responsible for payments, even if you’re not living in the house, while you’re finding a job or until you’ve found a replacement and all the paperwork is done. Have a chat with your guarantor if you think you might struggle to cover your rent at any point.
Here’s a reminder about our assignment process if you’re thinking of finding a replacement. You’ll be responsible for the rent until a new tenant has paid a deposit, found a UK guarantor and signed a joint and several contract with the other tenants. You’ll also need to pay an assignment fee which covers the whole tenant transfer process, including preparing and organising the new documents.
It might feel like the end of the world right now, and we know it really sucks, but trust us, you can totally turn this around. To cheer you up, here’s some of our favourite entrepreneurs and celebrities who did it their way:
Steven Spielberg Oscars GIF by The Academy Awards – Find & Share on GIPHY
Welcome to the official Oscars Giphy page.
Lady Gaga Oscars GIF by The Academy Awards – Find & Share on GIPHY
Welcome to the official Oscars Giphy page.
Alan Rickman Clap GIF – Find & Share on GIPHY
Discover & share this Clap GIF with everyone you know. GIPHY is how you search, share, discover, and create GIFs.
Categorised in: Students
This post was written by Alice Ostapjuk