Private Rental Market Reliance On The Student Market
Posted by Willmotts Chartered Surveyors on 6th July 2020 -
Covid-19 may cause a reduction in the number of overseas students at UK universities in the academic year 2020/21. A drop may cause landlords to compete for a smaller rental pool in some regions.
Dataloft estimate that there are 130,000 overseas students living in the private rental sector, making them an important element of demand in university cities.
Overseas students pay a premium for secure and high quality accommodation. With the UKs enduring appeal for overseas students, landlords should focus on meeting their needs.
With lockdown relaxed and UK borders open, we hope some normality will have returned by September, but students are likely to delay decisions to see how the pandemic progresses. Source: Dataloft Rental Market Analytics
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Willmotts Chartered Surveyors
Willmotts is a firm of RICS regulated chartered surveyors, est. 1856. Providing an award winning, Complete Property Service from Hammersmith in West London and beyond.
