Whether you choose to use a lettings agency like ours or not, you need to be aware of what your statutory duties are when it comes to letting out your house to students. First on the list is the fact that if you have more than five tenants then your house will count as an HMO (House in Multiple Occupation). Most of the houses that Escape Campus rents out are HMOs.
This means that you, alongside regular repair, are responsible for ensuring that safety is maintained in the following areas:
Water supply and drainage – the water supply and drainage at the property must not be unreasonably interrupted and all water facilities must be kept clean and in good repair
Waste Disposal – it is the landlord’s responsibility to ensure that there are enough bins so that there is adequate provision for the disposal of waste at the property.
General living accommodation – if the landlord supplies furniture, fixtures or fittings then they must be kept in good repair.
Communal area maintenance – any shared areas of the property such as stairways, hallways and entrance ways must be kept in good repair by the landlord.
Fire and general safety – the landlord must ensure that not only are there safe escape routes, fire doors and fire signage at the property but smoke and heat detectors must be supplied and working and in some cases, fire extinguishers should be provided.
You will need to apply to Lancaster City Council for an HMO license in order to let a property to five or more students. If you are thinking of using an agent to let your Lancaster student house and want any help or advice about how you prepare your house to meet any of these criteria then we have plenty of experience in making sure that our properties come up to scratch so feel free to contact us with any queries you have.
Students in Lancaster have high standards
If you want to let your house to students then it’s probably worth being aware that student lettings are not what they were! Gone are the days of damp, dank student houses teaming with too many tenants and only a single bathroom – these days students expect a high standard of accommodation and décor.
In a competitive student market like Lancaster it’s important to make sure that your house is ready for students and has the equipment that they will be looking out for. Things such as kettles, toasters, microwaves and dishwashers will make all the difference to undergraduates who are only going to be in residence for a year, and appliances such as washing machines and tumble dryers and a good internet connection will allow you to rent out your house quickly and to charge a premium rent for the property.
If you want to talk to us about what it will take to get your house rented out to students quickly and at the highest rent then we’ll be happy to come and see your property and discuss with you what you’ll need to do (if anything) to ensure that your house is suitable and that it passes the inspection criteria we set. Give us a ring today and we can talk it through!