4
Mar
Students offer 'good market for investors'
The rental market provided by students is a strong one for
buy-to-let investors and should be helped further with the
announcement of government plans, according to the National
Landlords Association (NLA).
In response to the proposals that will see the creation of 20 new
campuses in the coming years, the NLA claimed that these markets
will offer "long-term" opportunties for those interested with
them.
The cyclical nature of the student market also offers investors a
degree of stability, suggested vice chairman at the organisation
John Socha, as they know such residents will return each
year.
Moreover, successful landlords also tend to purchase a few homes
for this purpose, Mr Socha remarked.
"You tend to find that, once a landlord has gone through the agony
of letting their first [student property], they either buy more or
give up," he commented.
The New University Challenge will look to create more higher
education positions, universities secretary John Denham has
stated.