Student Buy To Lets 11 10 2007 - News Archive
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Student Buy To Lets
Recent research from Paragon who specialise in lending to the buy to let market states that landlords who have student property are making a better return on their investment. The research revealed that profits for student lettings where 25% higher than general buy to lets. This is down to a good demand for student property. Landlords buying property near Universities for student lets tend to have less down time as well. The property is usually let on an annual basis which means even whilst the property may be empty during summer the students will pay a retainer fee. Students usually let on a per room basis which yields even more profit for the landlord.
Places such as Chester, Leicester, Ipswich, Huddersfield, Middlesborough, Hatfield and Canterbury have a demand for good quality student accommodation.
At the moment around 43% of school leavers go into higher education, the Government want this figure to rise to 50% by 2010.
:: Added on: 11:10:2007 ::
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