Managing your money

5 Steps to Successful House Hunting

The Advice & Money Team are holding a House Hunting Talk at CJ’s Talybont Wednesday 12 November at 5pm, here’s a quick insight into what they’ll cover and the steps you should take when it comes to housing  …

Buy-to-let houses
Hopefully, you are now settling in and enjoying life in Halls of Residence. You will barely have finished unpacking. Is your Iron still in its box??  BUT Letting Agents are already thinking about next academic year 15/16. The “To Let” boards are already trying to entice you to sign up now and here’s where the Advice & Money Team can help you.

 

Here’s 5 steps you should take when it comes to housing  …

 

Step 1. Before you commit to anything you will have to ask yourself what you want and need in terms of:

  • The location of the property
  • The housemates you want to live with
  • What furniture and equipment is provided
  • How much is it going to cost you and can you afford it?

 

Step 2. You’ve decided what you want, now the hard work starts – do you know what you should be looking for?

  • Damp/mould – can you see it? Can you smell it?
  • Is the house secure – locks on doors and windows?
  • Does it have a gas and electricity certificate?
  • Is there a shower, washing machine, cooker, fridge freezer – do they work? Just because it’s there doesn’t mean it works.

These are just a few of the things that you need to consider. Print out a ‘Viewing a Property’ check list.

 

Step 3. You’ve found your dream house, but what does the small print mean?

When you first start your house hunting expedition (it can take a while) you will be hearing all these terms that you may never have heard before or if you have heard them you aren’t quite sure what it means and the implications it may have for you.

 

Step 4.  There’s an abundance of housing stock, be careful and don’t rush into anything

  • You have only been here for 6 weeks –do you really know anyone well enough to think about signing a legally binding contract with them?
  • Would you commit to a long-term relationship this quickly?
  • All it takes is a quick squiggle on a piece of paper to sign up to a house, but it can take a lot longer to try to rectify the situation if you decide weeks later that you made the wrong decision.
  • The number of student houses in Cardiff outweighs demand so there is no rush to sign up. Save yourself roughly £300 or more by not paying rent over the summer.

 

Step 5. Come along to our Housing Talk on Wednesday 12th November at 5pm in CJ’s Talybont.

  • If you didn’t know about deposits, guarantors and bills before you came you will by the time you leave.
  • If you have other plans on the 12th and feel you would like to discuss things with the team Drop-in and see us, we are open weekdays all year round.
    • Student Support Centre  at 50 Park Place, Student High Street
    • Student Support Centre at Cardigan House, Heath Park
    • Advice & Money also have a dedicated office in Cardiff Business School

 

Follow this blog and our social media accounts Facebook and twitter and to find out more about how we can support your student life and make your time at Cardiff the best it can be.

 

 Best of luck with your house hunting journey!

The Advice and Money Team

 Your Student Life, Supported
Advice & Money, The Student Support Centre, 50 Park Place, Student High Street

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