There’s still too little specialist student accommodation, says website

There’s still too little specialist student accommodation, says website


Todays other news


Despite what many in the industry believe to be an upsurge in specialist student accommodation construction in recent years, one student property listings platform claims there is still too little to meet demand.

 

“In the past few years, investors have spent billions of pounds on student accommodation due to current shortages and high demand, but despite this, many campuses continue to have an inadequate number of properties” says a statement from StudentTenant.com.

 

It says that despite tuition fee rises and uncertainty for overseas students caused by the UK’s Brexit vote, universities have continued to see overwhelming levels of interest from potential students.

 

“But with a lack of suitable housing in the student rental sector to meet this demand, not only is the further education of these students being impeded, but so is their first experience of the housing cycle” claims the firm.

“For many of us, going to college or university will be our first taste of the property life-cycle in the rental sector. Unfortunately, there is a high chance that this will leave a sour taste in the mouth as many students struggle to find suitable accommodation” says a spokesman for the platform.

 

He says it is a shame that the rental sector is not a top priority on the Government’s agenda this year. 

 

“If they can’t manage to provide an appropriate level of affordable housing, they should at least ensure that there is an adequate rental sector to fall back on. Regulation of pricing in the sector would be a good start, particularly for students who are forced to pay extortionate prices in areas of high demand” he says.

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Letting Agent Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
Annual rental growth across Britain is now only 1.3%...
Constrained supply may causing higher rents in the prime London...
The data comes from Propertymark's snapshot of the market in...
Rising rents, despite little movement in the letings sector....
The Welsh Government is backing the call for a 'compensation'...
There will be a greater emphasis on digitisation....
A consultation document is being released today....
Recommended for you
Latest Features
Annual rental growth across Britain is now only 1.3%...
Lloyds Living is the Build To Rent wing of the...
Sponsored Content
The owners of the Rentman software application (for property Lettings...
Tenants want a place they can call home—somewhere comfortable, safe,...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here