Rents in purpose-built student accommodation (PBSA) continue to outpace HMOs, with foreign students particularly bolstering their growth.
Private HMO landlords leaving the sector have created a shortage of student housing, according to Unite Students, which boasts that it can help fill the gap with purpose-built student accommodation.
Wealthy Chinese students are paying £66 a week or 42% more in rent than their British counterparts, according to the latest StuRents annual report.
There is confusion around whether Purpose-Built Student Accommodation will be exempt from changes in the Renters’ Rights Bill.
Millions owed to a lender by businesses which collapsed due to the oversupply of student accommodation in Newcastle are unlikely to be recovered.
The Welsh government has been warned it risks reducing the supply of student accommodation if changes to tax reliefs are introduced.
Fewer than 17,500 purpose-built student beds are expected to be added in the coming academic year, representing only 0.6% growth.
