Government must address issues at the start of the property life-cycle

Government must address issues at the start of the property life-cycle
It is shame that the rental sector in the UK is not a top priority on the Government’s agenda this year, because so many people across the nation depend on this form of housing

This week has brought good news for UK homebuyers following announcements to build more homes across England via Brownfield sites, and through the development of Garden Villages.

But free to list student rentals platform, Studenttenant.com, believes more must be done for those at the start of the property cycle, particularly students in the rental sector.
 
In the past few years, investors have spent billions of pounds on student accommodation due to current shortages and high demand, but despite this, many campuses continue to have an inadequate number of properties.
 
Notwithstanding the huge spike in tuition fees in recent years and Britain’s departure from the EU softening interest from foreign students, UK universities have continued to see overwhelming levels of interest from potential students.
 
But with a lack of suitable housing in the student rental sector to meet this demand, not only is the further education of these students being impeded, but so is their first experience of the housing cycle.


Danielle Cullen, Managing Director of StudentTenant.com: “It is great news that new homes are being built for homebuyers in 2017, but we also have to address the burning issues in the rental sector.
 
Many look at first time buyers as the start of the property life-cycle, but this just simply isn’t the case, especially for those that fall within the generation rent category where home ownership may never be obtainable.
 
For many of us, going to college or university will be our first taste of the property life-cycle in the rental sector. Unfortunately, there is a high chance that this will leave a sour taste in the mouth as many students struggle to find suitable accommodation.
 
It is shame that the rental sector in the UK is not a top priority on the Government’s agenda this year, because so many people across the nation depend on this form of housing. If they can’t manage to provide an appropriate level of affordable housing, they should at least ensure that there is an adequate rental sector to fall back on. Regulation of pricing in the sector would be a good start, particularly for students who are forced to pay extortionate prices in areas of high demand. ”

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Latest Comments

SecomTech
SecomTech 22 Jun 2017

AT Last...This was discussed years ago and there was a move towards landlords registering their bad tenants on a database..(can't remember where) It seems a logical step though our leaders will probably...

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Bertrand
Bertrand 02 Jun 2017

How about the Welsh Govt introducing a scheme to protect landlords against "rogue" tenants who are then taken to court for criminal damage to the properties they trash. Pretty unlikely I suspect and politically...

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AmberMorris
AmberMorris 25 May 2017

"Please don't pick a novelty tune-playing doorbell. They're not 'fun'. They're stupid." Laughed a lot to this. It's actually true, though.

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Oliver Conway
Oliver Conway 18 May 2017

Making a neat inventory is a good idea, but if the seller is not willing to provide it, can the buyer demand it?

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Bertrand
Bertrand 17 May 2017

First step to nationalisation of the private rented sector IMHO. Nanny state poking their noses into things yet again. I object, as a decent landlord, sometimes having to deal with some pretty awful tenants,...

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Izzy
Izzy 16 May 2017

This is such a great a post. I love the detail you've gone into. It's a very useful article for helping those who are looking at deciding which sector they would like to go into! When I first started investing...

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paul burnham
paul burnham 30 Apr 2017

Jeremy Corbyn's pledge that a Labour government would build 500,000 new council houses must electrify the general election campaign. Reliance on markets and the profit motive has brought huge housing-related...

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CommercialTrust
CommercialTrust 28 Apr 2017

Sadiq Khan?s announcement of an online database of landlords and letting agents who have been convicted of housing offences, appears on face value to be a variation of the already implemented Database

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warren
warren 26 Apr 2017

You're very welcome Mary! Glad you enjoyed them :)

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Mary Ward
Mary Ward 26 Apr 2017

Thank you for the wonderful ideas. First impressions can make or break a deal. It's sadly that many homeowners drop the kerb to create an off-street parking space.

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Tony Gimple
Tony Gimple 14 Apr 2017

I'm not at all surprised that so many landlords are still confused about what the tax changes really mean and how it will affect them. In particular, the blind rush to incorporation is leaving landlords...

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MH
MH 13 Apr 2017

You are right that the bank holidays are going to be spoiled in looking for the properties. But people who want to sell their property and looking for the better relocation, they can get benefits of this...

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