5
Apr
More students to head towards private renting
The cost of tuition fees in England and Wales has led to the number
of potential students heading to financial institutions declining
over the past year.
However, those who are still going to university in spite of the
£9,000 tuition fees now being charged are finding that they
need to take action to save money, meaning that they are
increasingly sharing properties in the private market rather than
going to university accommodation.
Jonathan Moore, director of Easyroommate.co.uk, said: "With the
cost of living in shared accommodation [on average] cheaper than
living in university halls of residence, we predict a growing
number will choose to move into a shared house in order to keep
accommodation costs to a minimum."
He noted that properties near campuses with good amenities nearby
are the best performers.
It has recently been reported that the number of people who are
applying to join university courses declined this year by over
40,000 according to UCAS.