Uni accommodation

otter158

My son is going to be sharing a house next year with 5 others in Bristol. One of the rooms is en-suite, walk-in wardrobe & much bigger than the others. How much extra should that room be than the other 5? 

They have to £4,560pcm between 6, with one room being a bigger en-suite. In Halls en suites are £20-50 more per week. We can’t find info about how much would be fair for that room.

DE_612183

Well I would think you'd start by divide the total by 5 = £910 - that covers bed rooms and shared facilities - how many rooms? 

I would say no more that maybe £40 - so 4 at 900 and one at 950. - Don't forget the person with the en-suite will have more cleaning to do!

theartfullodger

Usually with joint tenancies each joint occupant is responsible for ALL the rent amount.  Landlord won't care which he gets his money from.... 


Does the tenancy agreement your son signed state anything about split of rent payments?? (It arguably shouldn't....)

Note that where there are more than 4 occupants listed as "tenants" only the first 4 are actually "tenants", the rest having subtly different status...see
https://www.landlordzone.co.uk/information/more-than-4-tenants-on-a-tenancy-agreement/

There are no rules on who pays what - it's what the joint tenants/occupants agree amongst themselves.

Are you guarantor? If so, for total rent bill or just your son's "share"???

See Proudhon - "Property is Theft!"
https://en.wikipedia.org/wiki/Property_is_theft!

quotememiserable

They could auction it between themselves. The others pay equal shares of what's left.

lookstraightahead

My daughter always split equally irrespective of room size etc. sometimes she gained, sometimes she didn't.

otter158

It’s 6 rooms. Thanks for responses so far!

saajan_12

No set rule, depends on how much the people in THAT group value the advantages / disadvantages. Eg if everyone is going to be away / at uni / socialising away from the house / in the living room, and no cleaner so one person has to clean the bathroom themselves, then the bigger room may have little value. However if the common rooms are smaller and someone might invite friends to their room, or have a partner staying over, then the bigger room might be more valuable. 

Many moons ago, I shared a house with many rooms of different sizes including a master, a box room and a few in between. We roughly set pricing differences for each room, then everyone voted for their preferred room based on the size/facility/price. If a room had multiple votes, the price was increased by £10 and if a room had zero, the price was reduced by £10, and people voted again. A couple of rounds later, people were happy with their choice. Effectively, letting our little market dynamics play out. 

jennifernil

A bigger room with its own en suite would be worth a bit more.

Presumably the £4560 is per month, so maybe £745 per month for the other 5 bedrooms, and £835 for the larger bedroom with en suite.

Wonka_2

jennifernil said:

A bigger room with its own en suite would be worth a bit more.

Presumably the £4560 is per month, so maybe £745 per month for the other 5 bedrooms, and £835 for the larger bedroom with en suite.

Seems sensible - I was at £750/£810 so not a million miles away

@otter158 is that bills-inclusive ? I'm not up on Bristol prices but that's a hefty chunk of money (and more than my 1st year is paying bills-included in some very nice sea-view halls in a coastal location)

lookstraightahead

All seems a bit complicated. You could end up with no one wanting the more expensive room. Sometimes it's not about the luxury but what you can afford.
by someone taking the ensuite it's freeing up extra time in the bathroom.
they could pick straws.
Is the bigger room in a less nice place eg facing the main road? Is it top of the house? Is it colder / smaller radiator? Does more noise travel from next door? Is the furniture the same? 

dimbo61

I would let the 6 students decide  who gets what room and how much they pay.
I hope and pray that £750/760 a month does include all the bills.
The Gas/Electric costs for a 6 bed HMO could easily  be £6,000 for 2023/2024.
Broadband another £600
Water bill £720 rates and over £1,000 with a water meter.
Mortgage, Landlord Insurance, HMO licence, Fire safety and checks, Repairs and Cleaning, etc
So many Landlords now selling up due to tax changes and issues with Government and Housing  Charities  like Shelter