Connect with us

Education

Uni Students to Benefit from Abolished Private Landlord Fees

Published

on

Abolished Private Landlord Fees

There is no denying that the university is a rather stressful period in life. Unlike the other exams you have previously sat, such as GCSEs and A-Levels, you are away from home for these ones. You aren’t coming home in the evening after a hard day of studying to a nutritious, brain-fueling meal. If you want that, you are going to be cooking it for yourself. The comfort blanket that has surrounded you for so many years at home is no longer there and fending for yourself has never felt so realistic.

It’s not all doom and gloom though. As of 1st,June 2019, one migraine-inducing factor of student life was extinguished — landlord fees.

After two and a half of years of lobbying, the law that was brought into place in Scotland seven years prior, was cemented in England.  The Metro noted, “millions across the UK will now avoid being ripped off”. It is expected that 4.8 million home across the UK are likely to reap the significant rewards of private landlord fees no longer existing. This is no surprise, when recognising that private renters in England have been paying approximately £13 million a month in fees alone.

Few renters had been feeling this additional pinch more than students and recent graduates. Crippling landlord fees were often applied in sync with the first month’s rent and the additional deposit. A report conducted by Generation Rent discovered that the average cost for a two adult household was £272, ranging from £40 to £813.

What is a private landlord fee?

There are many ways in which a landlord or letting agency can charge their tenants, using the umbrella term of ‘fees’. Conducting a credit check or developing an inventory have, for years, have been considered as viable reasons by landlords and letting agencies to dish out heft charges for renters. Other than being able to secure a tenancy in the flat or house, the money which the renter departs with, benefits them in no way whatsoever. In fact, tenancy agreements, which, as the Guardian states, are merely cut and paste templates, are simply a way of letting agents “lining their pockets. The publication similarly calls upon the case of a story where one woman was charged an astronomical £45 to replace a dustpan and brush.

The effect on students

Very few students in the UK will now go to university without the help of a student loan. However, in recent years, thanks to the increase in living costs, the amount of people accepting the help of a maintenance loan has increased too. For the upcoming university year 2019/2020, students living away from home, excluding London, will receive a maximum maintenance loan of £8,944. This maintenance loan is broken down into three lump sums, with the last payment being larger than the initial two. On average, each payment will hover around the £2,900 mark. The average cost of renting a room in the UK is £513 a month and often landlords will ask for a first month’s rent along with a deposit.The deposit amount is usually the same as one month’s rent. So, if we combine this with the average price per person of landlord fees, (£132), students will already have spent £1,158 on the first month of accommodation. Factoring in other living costs, students could end up footing more than half of their first loan installment within the first month.

How will students benefit now?

In a 2017 survey conducted by The World University Rankings, students were asked what they deemed the most stress-inducing part of university life. Above being away from family, and the fear of making new friends, managing finances sits second in the pile as the biggest cause of pressure. In a similar survey carried out by Save the Student, 45 per cent of respondents proposed that their mental health had suffered due to finances. Meanwhile, 44 per cent said keeping up with their rental payments had been a problem. More alarmingly, in terms of education, approximately a third suggested their studies were at risk due to money worries.

The abolished landlord fees will allow for an evident reduction in stress. Plus, students will be able to apply the savings to purchasing new learning materials or investing in alternative activities that will benefit their student experience.

Similarly, although many students will opt to assume part time employment during the time at university, a reduction in living costs will help ensure they don’t have to work as many hours during times surrounding coursework deadlines and exams.

The removal of these charges, obviously, sparked considerable outrage among landlords and letting agents across the nation. But the benefits for students are obvious, allowing thousands of students across the country to embark on university courses with one less stress!

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Education

Accept Credit Card on your Online Education Website

Published

on

By

merchant account for Education Website

If you are running an Online Education payment processing website and want to accept credit card, then you are at the right place. We provide one solution to all of your problems.

If you are reading this then you probably want to accept credit cards on your Online Education website. Most business owners like to know how they can accept credit cards. There are many ways to offer multiple payment methods to your customers. Some of the commonly used methods are as under:

  • Using own merchant account:you will need a payment gateway linked with your website. There are various requirements for every country; you can contact us for further information.
  • Third party merchant: There are many companies willing to accept credit card on your behalf. They will take fees in exchange and provide you easy solution for your Online Education website. These are also called payment gateways.

How it will benefit your business?

If you are advertising your business but you are not accepting credit card payments then you are making a mistake. If customers find something interesting on your site and they have to buy via check then they may not buy it at all. It takes time to get a checkbook and mail it.

There are international customers who may be interested in your products but not accepting credit card can restrict your business. A flexible system takes care of currency different and other factors. If you aren’t accepting online payments through credit card or debit card, you are losing valuable customers every day.

Which is the best method for you?

Opening a merchant account is little expensive than third party merchant account. Some third party may not have any fees, but the transaction fee is usually high as compare to a dedicated merchant account.

If you don’t know whether your product will sell then third party will probably suite you. But if you are confident that you have a quality product that will gain popularity in time then a dedicated merchant account is the best solution for you. If you just want to test your Online Education website then try third party account, you will get a check and you won’t have to worry about anything other than your product.

Advantages of own merchant account for Education Website

One of the reasons to have a dedicated account is that your visitors will be able to trust you and you may sell more. Most card owners trust websites that offer better payment system. Having a dedicated merchant account can decrease transaction costs as well. You will be processing the transactions using a gateway so you probably will need to be more careful. There may be frauds and chargebacks in dedicated to third party merchant account. You will gain more trust from your customer. You won’t need to pay third party extra gateway fee other than regular gateway fee. Also there will be your own merchant account and payment gateway so the complete profit will be yours and no requirement of splitting the profit between you and gateway providing company. So the result of having own merchant account can give you high ratio of profit than third party gateway.

Credit Card Processors

From the perspective of credit card processors, some industries are simply riskier than others. The factors that go into determining that risk can vary from incessant chargebacks to bad credit. For Example

  • Tech Support.
  • Airline Tickets and Travel.
  • Credit
  • Online and Tribal Lending.
  • Sports Betting and Gaming.
  • Collection Agencies and Many More.

Creative Payment Channels

Traditionally, high risk payment solutions have been limited in scope due to the conservative nature of banks. Today, however, there are more ways than ever to help legitimate merchants handle their payment needs. This is largely due to the work of savvy merchant service for education websites.

Merchant Stronhold has ACH processors, credit card providers, and even blockchain solutions available for entrepreneurs looking to open high risk merchant accounts.

Pricing Tailored to Your Business

Finding a merchant service provider willing to approve your high risk business and provide reasonable rates can be challenging. Many credit card processors try to take advantage of the low rate of approval faced by high risk merchants and force them to pay crazy transaction fees.

Reduce Chargebacks & Protect Profits

As a high risk merchant, chargebacks are likely the greatest threat to your profit margin. If left unchecked, they can single-handedly take down the business you worked so hard to build.

Using chargeback management services can help shield your revenue from excessive chargebacks and credit card fraud, ensuring the longevity of your business.

Continue Reading

Education

Top Study Tips for Studying for Your MBBS Course

Published

on

By

Go to classes routinely: Missing the classes means missing a few significant focuses, encounters, and tips that instructors share in their addresses. They are only sometimes found in any books. Also, one who misses the class won’t be very much familiar with the theme and plausible inquiries that might be posed.

Realize the exercise plan: Go through the subject in advance to have a harsh thought. This will assist you in picking up what the educator is referencing in his addresses effectively. You can do this lone when you realize the exercise plan. MBBS admission in Chandigarh is done by entrance exams.

Be quick to learn: You should have an unmistakable fascination to experience a therapeutic word reference at whatever point you locate another restorative phrasing. This will help you a great deal in understanding various themes.

Ordinary examinations and entrance exams: Study routinely 4-6 hours daily notwithstanding when no tests are arriving. In this time, you should focus on making notes, featuring significant messages in the book, making mental helpers and each other thing that should be possible to make concentrating simpler for what’s to come. You can enjoy a reprieve on a Friday or Saturday night however use the morning for concentrates as the cerebrum has a higher capacity to get things at that point. For MBBS admission in Punjab and across India, you have to go through an entrance exam and you got to study well for it.

Pick your examination time as indicated by your power over rest. Is it true that you are an owl or a prompt riser? In MBBS life, it doesn’t make a difference until you can contemplate. I couldn’t wake up opportune in the first part of the day so I used to rest late during the evening.

Invest your energy in Understanding themes: Understanding makes memory economical contrasted with robbing up.

Improve your writing speed and studying speed.

Reexamine as often as possible: The first run through when you read a subject, it might take you 60 minutes. The second perusing may take you 45 minutes and you’ll see that the third perusing won’t take you the greater part 60 minutes.

Talk about topics and inquiries with your companions and review.

Make a propensity for making notes and graphs of significant units, standard qualities, and equations and stick it before your investigation table or mass of your room.

Free yourself from worry between your classes and study time by tuning in to music, making amusements or going out.

Abstain from sitting idle on superfluous themes that will just make a heap on your mind.

Use the innovation: Especially for life structures, embryology, physiology and pathology, video liveliness and mental aides can be of incredible assistance.

MBBS Study plan as per the subject:

  • Begin with life systems to think about typical human structures.
  • At that point, physiology to comprehend body instruments and adjustments.
  • At that point pathology to think about the sicknesses.
  • At that point go for pharmacology for the treatment of the sicknesses.
  • At that point, microbiology and organic chemistry ought to likewise go connected with each other.

Continue Reading

Trending

Copyright © 2018-19 offcce - Offcce Team