A new report has highlighted a growing trend for students to remain in their private halls of residence – or opt for similar properties – once they have graduated. Student property investment specialists the Mistoria Group says there is a definite trend of young professionals opting to live in purpose-built student accommodation blocks, particularly in the north-west and London.
With student numbers growing across the UK thanks to the cap being lifted and with accommodation in short supply, there is strong demand for quality student accommodation to rent.
With tens of thousands of young people across the UK set to leave home and head to universities this September, they will all face a dilemma of choosing between halls, home or renting a place to live. In an article in the Independent, the newspaper highlights that this daunting decision is also one of the most exciting that the student will make during their university life.
When most people think of student accommodation they think of grotty houses and flats but the new trend for building private student residential halls is completely different to that. Now the Daily Telegraph has taken a closer look at this new breed of student accommodation to find out why undergraduates are so willing to pay extra for creature comforts.
The issue of providing enough student accommodation now that the recruitment cap has been lifted is becoming a bone of contention for universities in the UK. Most universities will be recruiting increasing numbers of students from September and it looks like there will be growing demand for private student accommodation – especially in halls of residence.
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