Changes to deposits in the autumn
Once the new rules come into force, a deposit will be charged for people with credit records or whose credit cannot be checked, such as international students arriving in the country. A security deposit will also be required for all those moving into friends' accommodation.
Credit checks are carried out at the offer stage and the customer paying the deposit pays the deposit at the offer acceptance stage. Before the lease takes effect, the deposit is checked for receipt.
The security deposit under the discontinued practice is € 250,00. In future, the security deposit will normally be equal to one month's rent, but in cases of non-payment, the equivalent of 2-3 months' rent may be charged if necessary.
A decision in principle has been taken by the AYY Board in 2022 to abolish security deposits. The change will come into force in autumn 2024.
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