{"id":22282,"date":"2018-12-07T15:50:54","date_gmt":"2018-12-07T15:50:54","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=22282"},"modified":"2018-12-07T15:50:54","modified_gmt":"2018-12-07T15:50:54","slug":"average-student-rents-top-6000-per-year","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-hk\/2018\/12\/07\/average-student-rents-top-6000-per-year\/","title":{"rendered":"Average student rents top \u00a36k per year"},"content":{"rendered":"

A new survey has revealed that average annual rents for students rose by six per cent in 2018\/19, and that the popularity of studio flats with those at university has shown a huge increase in recent years.<\/strong><\/p>\n

Overall, renting accommodation costs a student in the UK an average \u00a36,366 per year but in London that figures rises to \u00a38,875. Outside of the capital, average rents go down to a touch below \u00a36,000 and per week students pay an average of \u00a3147 for a place to live.<\/p>\n

The report from the National Union of Students (NUS) and Unipol<\/a> also underlines how the change in demands of students and the accommodation on offer to them have radically changed in recent years.<\/p>\n

The number of self-catering en-suite rooms available, from both institutions and private providers, makes up 58% of total stock surveyed, a rise of 9% since 2011\/12. The amount of studio flats in the same period has gone up by 123%, and they now account for 9% of student beds available \u2013 a far cry from the type of student living so brilliantly parodied on TV in \u2018The Young Ones\u2019 in the early 1980s.<\/p>\n

The report also highlights the rise of the commercial sector in providing university accommodation, accounting for half of all supply compared to 39% in 2011\/12.<\/p>\n

\u201cRents have consistently outstripped inflation, alongside a tendency for the accommodation product to become increasingly luxurious,\u201d the report states in its introduction.<\/p><\/blockquote>\n

\u201cIn an age where opportunity and diversity are desirable outcomes, the fall in the availability of lower-cost accommodation risks excluding students from a proper university and residential experience.\u201d<\/p>\n

Students start accommodation search earlier than ever<\/h4>\n

The NUS\/Unipol report comes shortly after other surveys which have provided valuable insight into the student accommodation scene at the moment. A Which? report in November<\/a> revealed that 27% of first-year students will begin looking for second-year accommodation before the end of November in their first term.<\/p>\n

The demands of providing enough accommodation were also flagged up by Knight Frank and UCAS<\/a>, who showed that 57% of second and third-years had secured a place to live for the next year by the end of March.<\/p>\n

There are even buy-for-university mortgages<\/a> available for students \u2013 but with the proviso that their parents provide security in cash or equity. Looking further down the career path, the \u2018Bank of Mum and Dad\u2019<\/a> seems to be increasingly open only to those with parents back by money or property.<\/p>\n","protected":false},"excerpt":{"rendered":"

A new survey has revealed that average annual rents for students rose by six per cent in 2018\/19, and that the popularity of studio flats with those at university has shown a huge increase in recent years. Overall, renting accommodation costs a student in the UK an average \u00a36,366 per year but in London that… Read more »<\/a><\/p>\n","protected":false},"author":3875,"featured_media":11891,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[2,6],"tags":[341,137],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/posts\/22282"}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/users\/3875"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/comments?post=22282"}],"version-history":[{"count":0,"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/posts\/22282\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/media\/11891"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/media?parent=22282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/categories?post=22282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/tags?post=22282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}