76% of landlords say student demand is healthy
A recent survey by specialist buy-to-let lender, Paragon Mortgages, has revealed that three quarters of landlords (76%) who let to students think that demand for property is either good or excellent.
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New students boost house prices in university townsWhile most first year students get ready to settle into halls, some freshers will join their second or third year counterparts in opting for privately owned housing, boosting the local market, according to new analysis from Lloyds TSB.
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Could student property be the best buy?
According to Knight Frank, early indicators for 2010-11 show that student rents will continue to rise by 5%, in the ensuite market, and high-end studios, particularly those in London, will remain static without any falls.
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Newport and Hull are the most affordable university townsAverage house prices in university towns in the Top 20 of the Times Good University Guide 2009 increased by 117% between June 1999 and June 2009; this is slightly ahead of the UK average house price rise of 113% during the same period, Lloyds TSB reports.
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Nationwide Building Society is urging parents not to let their offspring forget about home insurance as they prepare for university over the coming weeks.
New research from Halifax Estate Agents illustrates that 20 university towns across the UK recorded an increase in house prices of 20% or more over the past year almost double the nationwide increase of 11%.
As A-Level and Highers students wait to hear if they’ve achieved the grades required for university places, The Royal Bank of Scotland unveils the Student Living Index 2007 – a league table which ranks Britain’s major university towns by cost-of-living.
House price growth remains stable across most of the UK, although prices in London are increasing and prices in Northern Ireland are falling.
New evidence supports Yorkshire Building Society’s findings that more borrowers are choosing to fix their mortgage for the longer term as economic conditions remain uncertain.
Latest research from Halifax shows the ability of key public sector workers to purchase their own home continues to improve and is approaching the level achieved ten years ago before the house price boom.
Research commissioned by specialist buy-to-let lender Paragon Mortgages, has shown a significant regional shift in the rental yields achieved by landlords.
