Should landlords have the right to refuse DSS tenants?10:43 AM, 20th May 2019
About 4 weeks ago 124
I have been an investor in the student HMO sector for over 10 years. My properties are all 100 yr + Victorian terraced houses. I invest a large amount of money each year on maintenance.
Looking at the future and the slow but significant influx of purpose build student accommodation, should I be concerned? My area is Swansea with a good steady and growing student population.
However there are plans for a rapid increase of purpose build units over the next few years. All are at high prices, but of course I cannot compete with these new apartment style units.
I suppose I am concerned that there will be a slow trend of students wanting the new special build flats and apartments and the demand for the traditional stock will start to diminish.
I just wanted to enquire if other landlords in other cities have experienced this trend and wonder if its time to start to sell up and move on?
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
Our mission is to facilitate the sharing of best practice amongst UK landlords, tenants and letting agentsLearn More