When you move into your student property, it’s important to consider how bills will be paid on time and how to share the bills equally. The ones that tenants will be typically responsible for include contents insurance (optionally but advisable!), gas, electricity, water, phone line, broadband and TV Licence. The good news is that one bill which students are exempt from is council tax…woohoo! And an extra bonus for tenants in a Roseworth student property is that we will have already contacted the council on your behalf so you’re all sorted!
It’s pretty much a fact of life that no-one likes paying bills but unfortunately it needs to be done – but taking an organised approach to the task will mean you can concentrate on the important things like your studies and enjoying student life!
Each flat-share / house-share will likely have different dynamics but as a guide we’ve outlined below a couple of the most common ways that student tenants tend to deal with bills:
- Split the responsibility
By far the most common way is to simply split all bill amounts equally amongst housemates - so for example, if a bill comes in totalling £25.00 and there are 5 students living in the property then each tenant contributes £5.00 each towards the bill.
- Joint bank account
Another popular option is to set up a joint bank account for all tenants whereby a set amount is agreed that each tenant puts in each week / month towards the bills.
Below are some useful Roseworth tips when signing up to bills:
- Ensure that each name of every tenant is on the bill. Therefore, if all or part of the bill remains unpaid the utility company can chase up everybody named on the bill and it not be left to one individual to deal with.
- Register all tenant details with the relevant utility companies as soon as you move into the property. The reason being is that some services such as broadband can take several weeks to be set up, especially when approximately 20,000 students are moving into accommodation at the same time. You don’t want to be without your Netflix box-sets for too long!
- Always read the small print – make sure that there are no hidden costs.
- Take regular meter readings – it’s important to take readings when you move in and out of the property, but also during the course of the tenancy so that you are not paying for estimated bills! We will take the start and end meeting readings for all Roseworth students properties.
- Set up a direct debit – utility companies often offer a discounted rate if you set up a direct debit.
- Consider paying a fixed fee which can help you budget accordingly. Whilst you may end up paying slightly more than what you use in the warmer months you will be able to claw this back in winter when you are using more gas / electricity.
- Avoid late payment as unnecessary administration costs may be added onto the bill.
- Shop around and check different suppliers and their costs. It’s amazing how much money you will be able to save in doing so. Think of all the things that you can buy with the money that you save!
- There is also an option to use companies who will split the bills and invoice tenants individually. Make sure you do your homework on these companies first though to check that you’re getting a good deal!
For more information, visit the Help with Bills section on our website where you will find information and useful telephone numbers to set up bills, we also have a FAQs section too.
If you are still confused…don’t worry! Call our office on 0191 222 1225 or email firstname.lastname@example.org where our friendly team will be happy to help you.