July 2016 NUI Galway Student Accommodation Evening Shares Expertise on Renting to Students

Over 170 Galway homeowners and landlords attended a recent Student Accommodation Information Evening hosted by NUI Galway. The event was organised by the University to share advice and best practice on arranging and managing student tenancies.

The information evening included advice on ‘renting a room’ from John Hannon, Director of Student Services, NUI Galway, a legal briefing from Diarmuid O’Sullivan  from Threshold, and advice on what to expect from student tenants from Jimmy McGovern, President, NUI Galway Students’ Union. The information evening also focused on how the University could work in partnership with those attending to ensure a positive experience for landlords, students and the wider community.

Talks were followed by a lively question-and-answer session that covered many topics, including advertising accommodation to students, managing tenants, financial issues, and supports available from the University. It was proposed that active management is the key to providing a positive experience for both landlords and tenants. It was agreed that the potential financial gain of up to €12,000 tax-free income was not the only benefit of the ‘rent a room’ initiative.

John Hannon, Director of Student Services, NUI Galway, said: “The social benefits such as company for the house owner, and the provision of semi-structured accommodation for students leaving home for the first time, result in a “win-win” situation for all involved.”

Feedback from the evening was very positive and a large number of homeowners have since availed of free advertising on the NUI Galway Accommodation and Welfare website, StudentPad, which is available at www.nuigstudentpad.ie.

For those considering renting a room or a house to students, or you would like further information, including advice sheets and sample tenancy agreements, please contact the NUI Galway Accommodation and Welfare Office on 091 492364.

ENDS