Student landlords face losing out on £3.2 million in rent

Its not rocket science. You keep pushing prices beyond what people can afford then the market will collapse.

Reply to the comment left by Arthur Cotton at 30/12/2022 - 08:52
It's not rocket science: landlords' costs keep rising due to external factors (including increased legislation and regulation) and inevatably tenants' costs also rise proportionately. Tenants want landlords to provide energy-efficient properties while at the same time they are asking for rent reductions, discounts and low or no deposits. Sadly, landlords don't have magic money trees growing in their gardens.

A tenancy to be all-inclusive of bills-
Great idea, heating can be left on full blast so the students can loaf around in shorts and T shirts without worry. Leave those windows open I say!
Low or no deposits-
Great idea, tenant can shirk all responsibilities for non paid rent, any damage etc.
Discounts provided based on referrals-
Possibly-less risk could equal a discount-though it would be like herding cats with multiple students both good and bad in a property.
Greater flexibility with ending the tenancy-
Great idea, sorry LLr'd changed my mind, see ya!
Ensure properties are energy efficient.-
Agreed, though the student/tenant can always seek out the better banded properties to start with. If a LLrd has spent many £k's insulating and making the property more efficient then the rent is going to reflect the additional investment.

Reply to the comment left by Arthur Cotton at 30/12/2022 - 08:52The market cannot collapse because students need somewhere to live while they are at university |except the OU]. Unless the universities provide sufficient accommodation, students must rely on the PRS. But, what could [should] collapse is the university sector.
As a result of Blair's deliberately misguided policy, aimed at indoctrinating our young, we now have far too many students, going to far too many universities, being given grants to study far too many pointless subjects, which do not provide them with a suitable degree to support a salary which will enable them to pay down their student loans. We are now resembling the USA and India, where apparently highly qualified people feel entitled, but are actually pretty dim.
We need fewer academic and 'arts' graduates, and many more technical graduates. MSc in building?
If they can't afford the market rent, then they shouldn't be at university. It is not the landlord's responsibility to help them.

Incredible, here we are again, poor students, of course 76% want a rent reduction that would go without saying in a crisis or not! 96%+ of landlords want a reduction in the increased taxes and costs being applied to them also but it's not going to happen. So this 60% of students 'thinking' of moving out, where is it they are 'thinking' of going? Honestly sometimes there are too many people, making up too many BS stories and statistics that are simply ridiculous and pointless.

No problem, feel free to move out and let your parents and all your fellow tenants' parents/ guarantors pick up the tab for the rent.

I am experienced with student lets - some of the students have zero idea about practical or contractual issues and need a lot of assistance. What are parents and universities teaching (or rather, not teaching) young people these days to equip them to function effectively in an adult environment, where entering into a contract means taking responsibility and living within your financial means. If you can't do that, don't take on the commitment.

I had a student during Covid who claimed she couldn't pay the rent and asked for a delay. I spoke with her on the doorstep and our discussion was interrupted by Deliveroo or similar bringing her lunch to her. She was studying Law - couldn't make it up.

What a silly article that shows very little understanding of the market.

Everytime i read a article about student accommodation it always mentioned that universities need to build more student accommodation.
1. Universities only house 1st year students ,normally.
2. University or pbsa is very very expensive compared to the prs In glasgow anyway , I charge from 500 to 550 pcm per student in a hmo , university or pbsa is £250pcm upwards more expensive for a small room with personal bathroom .
The Student's are always happy to move into a large room in a excellent location, in the prs in my 30 years experience with student lets .
How would paying more rent miles away from their campus help students 🤔

What a lovely study by an Insurance company.
May I point out the Enery bills have doubled and so have Interest rates in the last 12 months

Reply to the comment left by Freda Blogs at 30/12/2022 - 11:55
Exactly, no doubt the latest iPhone, no idea of what is going on. They are simply being equipped for a snowflake future where they could potentially get offended if someone chooses salt over pepper!