14:17 PM, 5th July 2021, About 4 weeks ago
A report from UniHomes, has indicated which universities are seeing the greatest rental demand from students for the new academic year looking at the UK’s top 100 universities, highlighting which are currently seeing the highest demand for student rentals. This demand is based on the number of student homes listed on the market that have already had a let agreed as a percentage of total stock available.
Most in demand universities
The Q2 index shows that there is a two way tie in terms of the highest levels of student demand at present. Both the University of St Andrews and the University of Cambridge rank as the most sought after where student rentals are concerned, with 60% of all rental stock listed around each university already taken.
The University of Nottingham is also home to some of the highest levels of demand at 44%, with the University of York (42%) and the University of Glasgow (42%) also making the top five.
Other universities seeing some of the strongest levels of student rental demand include the University of Essex (34%), the University of Southampton (31%), Aston University, Birmingham (29%), Durham University (27%) and the University College London (27%).
Co-Founder of UniHomes, Phil Greaves, commented: “As thousands of students begin moving into their student accommodation for the fast approaching academic year, the return to in-class learning this year is still pushing high rental demand surrounding the nation’s universities.
“Despite much of the last year’s learning being done in a virtual capacity due to the pandemic, we’ve seen many students remain keen to carry on renting within their chosen university city and this has provided some much needed certainty for student landlords.”
|Table shows the top 10 UK universities for current student rental demand|
|University||Main Campus Outcode||Student Rental Demand|
|University of St Andrews||KY16||60%|
|University of Cambridge||CB2||60%|
|University of Nottingham||NG7||44%|
|University of York||YO10||42%|
|University of Glasgow||G12||42%|
|University of Essex||CO4||34%|
|University of Southampton||SO17||31%|
|Aston University, Birmingham||B4||29%|
|University College London||WC1||27%|
|Data sourced from Rightmove based on student rental stock available as a percentage of all student rental stock including that which has already had a let agreed.|
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