Tips for letting to students
Buying a home for a son or daughter to live in while at university seems like a good plan for cash-strapped parents- but watch out for the tax traps.
HM Revenue and Customs is lying in wait for the unwary who fail to set up owning and renting the property in the most tax effective way. Continue reading How Parents Can Avoid Student Digs Tax Traps
Bath students sharing garden with local residents
Relationships between students and green-fingered neighbours have blossomed after they dug deep to bring an unloved garden back to life.
A Growing Together scheme has run in Bath for some months with the aim of turning over uncared for gardens at shared student houses to neighbours for growing vegetables. Continue reading Buy to let garden share grows in popularity
Rising tuition fees are not affecting bookings for the next academic year for Britain’s largest student landlord, the Unite Group.
In a trading statement to investors, the company has revealed room reservations for the 2011-2012 year are already ahead of last year – with 73% of bed spaces booked. Continue reading Rising fees fail to dent student lettings, says Unite
Many of Britain’s leading university cities are running out of accommodation for students, according to a report by a leading property consultant.
Demand far outstrips supply in many cities, says CB Richard Ellis.
The report cites students are clamouring to study at popular universities and colleges – like the Russell Group Universities, in London, Edinburgh and Bath, but they have a lack of choice for halls – and this is likely to remain as older cities lack the space for expanding accommodation. Continue reading University cities are running out of student digs
Property investors looking for the best returns on their cash should look at the booming student letting sector.
Student numbers are increasing as universities and colleges in towns and cities all over the UK expand.
But while student populations are on the up, only one new bed space was created for every eight new students in 2009 – and the numbers are still outpacing accommodation. Continue reading Student boom fuels soaring house price growth. Student numbers are increasing as universities and colleges in towns and cities all over the UK expand. But while student populations are on the up, only one new bed space was created for every eight new students in 2009 – and the numbers are still outpacing accommodation
Property owners in university towns and cities are seeing house prices soar up 65% higher than those of similar homes in the surrounding area due to demand for student housing.
The biggest price increases are in smaller cities and towns that have had a huge growth in student numbers. Continue reading Student demand boosts university town house prices