What is included in the all-inclusive package?
No bills to pay!
Our all-inclusive package is the best in Loughborough; it’s a budgeted allowance scheme of £10 per Tenant per week that is added to the rent to cover the cost of Water Rates and TV Licence along with all the bills for electricity & gas supplies and superfast Virgin Media internet [up to 500Mbs]. Any unused allowance for electricity & gas is refunded at the end of the tenancy!
A summary of what the scheme covers is as follows:
Water Rates: the cost of water supply and sewerage services is included in your rent.
TV Licence: the cost of a TV Licence is included in your rent.
Electricity and Gas Supplies: the Rent includes an allowance of £6.50 per Tenant per week (£338.00 per Tenant based on a 52-week Tenancy or pro-rata thereof) to budget for the cost of the electricity and gas used by the Tenant during the Term of the Tenancy. The electricity and gas accounts are in the name of the Landlord and the Landlord pays the bills on behalf of the Tenant. The Landlord regularly researches the whole market for the most competitive tariff. The allowance for electricity and gas has been set based on an estimated forecast of the unit cost of electricity and gas multiplied by a rolling annual average of actual historical kWh usage data in a typical multi-occupancy student house over recent years.
Adding up the bills from all our houses over the last couple of years, the average cost for electricity and gas has been as follows:
- £258.13 per housemate for Academic Year 2017-2018 (£4.96 per housemate per week).
- £309.75 per housemate for Academic Year 2018-2019 (£5.96 per housemate per week).
- £290.93 per housemate for Academic Year 2019-2020 (£5.59 per housemate per week).
£338 per housemate is the estimated budget for Academic Year 2020-2021 (£6.50 per housemate per week).
£338 per housemate is the estimated budget for Academic Year 2021-2022 (£6.50 per housemate per week).
It should be noted that the actual amount of bills will depend on the prevailing unit cost of electricity and gas and the actual kWh used by the Tenant during the Term of the Tenancy i.e. how long the central heating is programmed to come on etc.. Any unused portion of the allowance for electricity and gas will be refunded. Meter readings will be taken at the start of the Tenancy, regularly during the Tenancy and then final readings will be taken at the end of the Tenancy. To keep track of the budget, the Landlord will provide the Tenant with a copy of the interim bills showing the cost of electricity and gas used at the Property. At the end of the Tenancy, it is agreed that if the total cost of the gas and electricity used during the Term of the Tenancy is less than £6.50 per Tenant per week then the amount under is reimbursed to the Tenant (by the Landlord). It is also agreed that if the total cost of the gas and electricity used during the Term of the Tenancy is more than £6.50 per Tenant per week then the extra over amount is to be paid to the Landlord (by the Tenant).
This budgeted allowance scheme is very effective because the Tenant is in full control of electricity and gas usage. It also means that the Tenant only pays for the kWh actually used and encourages responsibility towards the environment by reducing carbon emissions.
Broadband Internet, Subscription TV and Phone Services (‘the Media Services’): the collective Rent for all of the Tenants at the Property includes an allowance of £9.00 per week for the Property (£468.00 for the Property based on a 52-week Tenancy or pro-rata thereof) to budget for the cost of the Media Services used by the Tenant during the Term of the Tenancy. However, the Tenant must choose what Media Services are required, contact the service provider directly and open an account in the name of one of the Tenants. The Landlord will make a one-off payment or set up a standing order to credit the full amount of the Media Services allowance to the bank account of the Tenant who pays for the Media Services.
We have negotiated some amazing deals with Virgin Media for 2021/22:
Virgin Media offers the fastest internet download speed in Loughborough [up to 500Mbps].
Included in your rent is an allowance of £468 for the whole house based on a 52-week Tenancy [or pro-rata thereof] to budget for the cost of internet services used during your Tenancy. However, you must choose what internet services you require, contact the service provider directly and open an account in the name of one of the housemates. We will set up a monthly standing order to credit the full amount of the allowance to the bank account of the housemate who pays for the internet services.
Anything you spend on internet / media services over £468 is your responsibility.
SAVE MONEY: we have negotiated some discounted deals for you, and it is much better to talk to an actual person, the Landlord has a good local contact at Virgin Media; Jason Brookes is based in Loughborough and can advise what contracts are available.
A 12-month student internet contract is ONLY AVAILABLE if you book with Jason Brookes [if you book online the minimum contract length is 18-months!].
Contact Jason Brookes on his mobile 07966 485198 or email [email protected].
VM 12-month contract for Internet only [HD TV box only available on an 18-month contract]:
500Mpbs internet = £42 per month for a 12-month contract.
For superfast downloads and super-connected homes.
Total contract inc. £35 activation fee = £539
350Mpbs internet = £37 per month for a 12-month contract.
For HD streaming, gaming, and using smart devices, all at the same time.
Total contract inc. £35 activation fee = £479
200Mpbs internet = £32 per month for a 12-month contract.
For busy households with 10+ devices.
Total contract inc. £35 activation fee = £419
100Mpbs internet = £27 per month for a 12-month contract.
For busy households with 5-9 devices.
Total contract inc. £35 activation fee = £359
SAVE MONEY: and to discuss / signing-up with Virgin Media for 2021-2022:
- The Loughborough-based Virgin Media contact is Jason Brookes, who can advise on contracts etc.
- Contact Jason Brookes on his mobile 07966 485198 or email [email protected]
- All Virgin Media contracts have a one-off £35 activation fee.
- Go to https://www.virginmedia.com/broadband/student to compare with non-discounted standard 18-month student contracts!
Council Tax: the Rent does not include an allowance for the payment of Council Tax; however, full-time students, as defined by the Council Tax Regulations, are exempt from paying Council Tax.
Insurance for buildings and contents (owned by the landlord): is the responsibility of the Landlord and there is no charge passed on to the Tenant.
Insurance for personal possessions owned by the Tenant: the Tenant is responsible for insuring their own personal possessions.
Endsleigh Insurance is a specialist provider of student contents insurance: www.endsleigh.co.uk