Landlords with existing tenancy agreements which have rent payable in advance can continue collecting it until the tenancy ends.
Letting agents have warned that introducing rent controls for purpose-built student accommodation in Scotland will have a “chilling” effect on investment.
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.
