Hi
We run The Village Hull, and we get asked this question a lot. Its always a tough call to set aside money now for a deposit for a place to live in 2 years time.
We don't take deposits - we charge a £250 reservation fee (used to secure your room and contract until the day you move in) which is returned with your first rent payment, we think this works much better as it gets you your cash back in you pocket quicker and shows that we trust you not to break everything!
I personally would save about £250 per year for a deposit, some places charge less and some more but £250 is a good starting point and is a pretty standard amount across the country.
Hope this helps
Rachel
Universal Student Living Team