One in four students see full deposits returnedData from the Deposit Protection Service shows that only 27.5% of students receive 90% or more of their deposit back once their tenancy concludes. This compares to an average of around 60% of tenants across the rental sector. The most common reason for deductions was cleaning costs, which hit 32% of student deposits, with repairs accounting for 27% of deductions, redecoration cited in 20% of cases and replacing lost or damaged items in 19%. The Daily Mail offers 12 tips for student renters, including making sure landlords use a recognised deposit protection scheme, having a detailed inventory and ensuring tenancy agreements are read and fully understood.
Tips for Student renters
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The firm aims to give its clients the benefit of long experience, which is considerable bearing in mind the fact that all of the partners have been in practice in Northern Ireland for over twenty or more years.