Yes, this is an over-site by many including myself so I though I would share my thoughts with you. I live in the great student accommodation Nottingham city has to offer. I found my property by doing a lot of on-line research. I used various sites to gain information and ideas of how to get the best properties and which area. Why? you may ask. Simple really -Money. To many of my friends seemed a little over keen to sign for the best and lavish at $90 per week this enhancing there student loan to new heights. I did not want to do this, I figured that by shaving $30 per week from my rent I would be saving a fortune and not only that I guess that $30 would easily cover my going out or even utility bills. Which leads me nicely onto Utility Bills
My Utility Bills in Nottingham Student Accommodation
I put Nottingham in the title because i think it is important that people are fully aware that my out goings and budgets are reflected in the city I am staying in. Cambridge, london etc will all have higher rents and possibly rates.
Living in a large shared house is great, we have freedom and space but we also have independence from one another. This means when i am out the house the heating and electric may still be on. If i am the only one in the house then maybe the heating and electric will still be on. Independence can also bring conflict such as, I am more than happy to pay may share of the bills but them maybe someone else is not. Maybe someone is using far more and i mean notably more power and gas than me and I feel it is a little unfair that they pay the same as me.
All this can cause problems so what do you do.
First of all chat about how you will be and manage your utilities. There are a few options available to you these being:
- Inclusive bills – cost of utilities is included in your rent so it is always paid and never fluctuates
- Agree an amount to contribute and any surplus created can be for drinks etc at the end of the year
- Use a company that manges your bills for each individual so that as long as you pay your share you are not involved with any disputes with providers.
Get serious about how together you can save on your bills. Why not implement ideas that could save such as:
- Buy an electric fan heater so that when there is just 1 or 2 of you home you can leave the heating off and just heat the lounge or bedroom.
- If you have a combi boiler, shower etc when the heating is on, there will be many showers and baths used in your house and buying doing this in conjunction with your heating helps you get the most from your boiler.
- Try and oven cook together, in a family home these points may sound like a penny here or there but the reality is in your student accommodation you will be getting through the units quickly and these savings will add up. Buy cooking together the best you can will probably save 50 pence to a pound per day.
Some helpful links regarding this advice can be found here:
Student accommodation Nottingham – advice on living in student housing
Glide – system for managing student utility bills individually
Student beans – Great student blog filled with tips and advice