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Helpland Comment on Increased Numbers of Student Tenants |
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Tenant eviction service providers Helpland give their comments regarding the student rental market. |
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\25 Press Releases\
August 06, 2011 - Landlords in university towns are likely to benefit from a surge in student applications and while this is good news for landlords, this also means that there are likely to be more instances where landlords need help to evict tenants. Research has shown that students can be one of the groups in society who allow landlords some of the highest yields. However, financial pressure on students following substantial rises in tuition fees could mean some also unfortunately become more likely to undergo tenant eviction.
Full time UK students are often extremely dependent on the student loan system for financial support. Yet according to statistics from the National Union of Students, processing backlogs left 16% in financial crisis this July before the new academic year had even begun. The vast majority of students are also not entitled to housing benefit or any other forms of state financial support. Sadly, there have been well publicised cases where individual students have run up thousands of pounds worth of rent arrears.
Lee Daniels of Helpland Limited, a national advice service for Landlords says "Landlords can find themselves...
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