Tag Archives: Student Property

Renting rules for long-distance landlords Buy to Let News, Latest Articles, Lettings & Management, Property Investment Strategies

Letting agents are urging long-distance landlords to make sure they follow six basic renting rules to avoid hassle with tenants.

The tips follow a survey by the Association of Residential Letting Agents (ARLA) which revealed up to two-thirds of property investors letting homes in London live outside the capital. Continue reading Renting rules for long-distance landlords


Banks Pull the Plug on Lending for Student Housing Commercial Finance, HMO's & Student Lets, Latest Articles, Lettings & Management

Dissected Student Property

"Student housing hits more trouble"

The great rush for student lettings may be ending for the big corporate developers due to fears of over exposure in the market.

Property consultants EC Harris have revealed public spending cuts have drastically hit the student housing sector as universities do not have the cash to finance building more halls.

Private investors are now finding the banks cannot help – and 22 UK and European lenders have indicated they have no more funds for student developments.

The largest UK corporate developers – Unite and UPP – both changed their finance strategies recently to raise funds from shareholders or private institutions other than banks. Continue reading Banks Pull the Plug on Lending for Student Housing


Students Becoming Landlords HMO's & Student Lets, Latest Articles

University Students Becoming Landlords

With the rising costs of university education some families of students are choosing to help their offspring through University and onto the property ladder.

Property values are depressed, rental returns are high and interest rates for borrowing are at an all time low. This is a wonderful opportunity to create profits to offset the costs. Continue reading Students Becoming Landlords


Student City Home Prices Outpace Other Property Values HMO's & Student Lets, Latest Articles, Property Market News

Dissected Student Property

"Student are doing wonders for house prices"

House prices in university towns are increasing faster than average – with property values in ‘new’ university towns rising the fastest.

In 10 years, despite the house price slump, values have risen by 70% in towns and cities that have established universities since 1960.

Average prices have soared from £91,612 in 2001 to £155,953 in 2011.

Meanwhile, prices in traditional university towns and cities lagged but still showed a return of 64% against a national average home price increase of 62%.

Overall, more than two-thirds of university locations beat the average UK house price rise.

 

 

 

Best university performers where prices more than doubled are:

  • Aberystwyth (144%)
  • Bangor, North Wales(129%)
  • Hull (119%)
  • Aberdeen (118%)
  • Carlisle (110%)
  • Sunderland (108%)
  • Dundee (107%)
  • Pontypridd (106%)
  • Bradford (105%)
  • Edinburgh (103%)
  • Plymouth (102%)

University cities with the most expensive houses even though prices did not double are:

  • Winchester with an average house price of £364,667
  • Kingston-upon-Thames (£360,331)
  • Buckingham (£330,795)

Cheapest are Hull (£106,021), Salford (£106,685), Paisley (£106,967) and Bradford (£108,282).

The figures were compiled by Lloyds TSB. The bank’s housing economist Nitesh Patel, said: “Growing student numbers are likely to have had a positive impact on house prices in university towns over the past decade.

“This effect has been heightened in the newer university towns where prices have, on average, risen more rapidly than in the towns that host the more established universities. Increased student demand for accommodation is also likely to have added to upward pressures on rental values in university towns, increasing their attractiveness to landlords.”

Average house prices in 11 university towns in the Times Top 20 University Rankings saw average house prices rise by at least 75% during the last 10 years.

Leading the way is Edinburgh (103%), followed by Exeter (91%), Loughborough (90%), Leicester and Cambridge (both 88%) and Lancaster (84%). The average increase for all 20 towns (excluding London) was 73%.


Top 20 places for student property investors revealed HMO's & Student Lets, Latest Articles

Student with house in thought bubbleA new student letting study has revealed the top 20 university cities in the UK for property investors.

London comes out top of the pile – closely followed by Kingston-upon-Thames, Brighton, Edinburgh and Oxford.

But rents outside the capital performed best – showing a 4.1% increase in 2010, while those in London slipped by 3.6%. Continue reading Top 20 places for student property investors revealed


Student lettings are in a class of their own HMO's & Student Lets, Latest Articles

Dissected Student PropertyBusiness is booming for student landlords as rents, property values and returns are all increasing.

The average student landlord benefitted from a 13.5% return on investment in the year ending September 30, reports estate agents Knight Frank in their annual student property survey. Continue reading Student lettings are in a class of their own


University cities are running out of student digs Commercial Finance, HMO's & Student Lets, Latest Articles, Lettings & Management

Student accommodationMany 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


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 HMO's & Student Lets, Latest Articles, Property Sales & Sourcing

Student accommodationProperty 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


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