Knight Frank recently released the\u00a0UK Student Housing Update<\/a>,\u00a0which analyses\u00a0the number of students applying to universities in the UK compared to\u00a0previous years.<\/p>\n According to data from UCAS,\u00a0over 560,000 students applied to\u00a0begin a full-time undergraduate course\u00a0for the 2019\/20 academic year at universities in the UK. This was almost 2,500 more applications than at the same point in 2018. Additionally, this is the first year-on-year rise in application in three years.<\/p>\n This rise in applications was driven by a record number from international students. With\u00a0a 5.7% increase on 2018 numbers, nearly a fifth of all applications were from outside of the UK. There was even a 33.3% year-on-year rise in prospective\u00a0students from China, which has increased to 15,880\u00a0applicants.<\/p>\n Additionally, there\u00a0has been an increase in\u00a0applicants\u00a0from India,\u00a0the\u00a0USA, and United Arab Emirates.\u00a0Despite political uncertainty surrounding\u00a0Brexit<\/a>, applications from students within the European Union\u00a0increased by 1%.\u00a0This\u00a0data highlights the\u00a0ongoing\u00a0global appeal of UK universities.<\/p>\n In the long term, student numbers are forecasted to continue to grow. Having analyzed ONS population projections and student entry rates from UCAS, Knight Frank expects there to be a 15% rise in full-time undergraduate students\u00a0from\u00a0now\u00a0until\u00a02030. This would\u00a0be\u00a0an\u00a0increase of 220,000 students.<\/p>\n With\u00a0this\u00a0further\u00a0increase\u00a0in student applications,\u00a0demand for accommodation, especially\u00a0purpose-built student accommodation<\/a>\u00a0(PBSA), is expected to\u00a0grow.\u00a0Between May and August 2018, 30% of full-time first-year undergraduate students lived in\u00a0privately-owned PBSA<\/a>, which was a 22% increase compared with five years ago.<\/p>\n The\u00a0private sector<\/a>\u00a0is becoming more and more influential in the\u00a0student accommodation<\/a>\u00a0market.\u00a0This year\u00a036,000 new beds are expected to enter the market, and there is demand for even more.<\/p>\n Regional cities, like Manchester\u00a0and\u00a0Birmingham, have been boosted\u00a0by\u00a0growing\u00a0student populations.\u00a0With\u00a0four\u00a0universities\u00a0in Manchester and 14 higher education institutions and other universities in the surrounding areas,\u00a0Manchester<\/a>\u00a0boasts more demand for new PBSA than supply provides.<\/p>\n Home to more than 60,000 students,\u00a0Birmingham\u2019s rental market<\/a>\u00a0continues to grow. Under 25s\u00a0even\u00a0make up approximately 40% of the city\u2019s population, making it one of the youngest cities in Europe.<\/p>\n Demand for buy-to-let properties and PBSA are expected to continue to rise\u00a0across the UK but especially in\u00a0regional cities with large student populations.<\/p>\n","protected":false},"excerpt":{"rendered":" With an increase in students applying to UK\u00a0universities, demand from international students\u00a0is\u00a0especially strong. Knight Frank recently released the\u00a0UK Student Housing Update,\u00a0which analyses\u00a0the number of students applying to universities in the UK compared to\u00a0previous years. According to data from UCAS,\u00a0over 560,000 students applied to\u00a0begin a full-time undergraduate course\u00a0for the 2019\/20 academic year at universities in the… Read more »<\/a><\/p>\n","protected":false},"author":1982,"featured_media":5023649,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4,6],"tags":[147,9,137],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/5023648"}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/users\/1982"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/comments?post=5023648"}],"version-history":[{"count":1,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/5023648\/revisions"}],"predecessor-version":[{"id":6097637,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/5023648\/revisions\/6097637"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media\/5023649"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media?parent=5023648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/categories?post=5023648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/tags?post=5023648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Applications\u00a0from international students<\/h3>\n
Purpose-built student accommodation<\/h3>\n
Student populations in regional cities<\/h3>\n