Landlords encouraged to keep student rents competitive
Landlords looking to lease out property to students are being encouraged to keep their rents competitive.
Over the course of September and early October undergraduates all over the UK will be either returning to or starting at university and many will be looking for a place to live in and around their campus.
Charlie Cunningham, chief executive of FreshStart Living, believes that for landlords with houses around these major university towns and cities it is key to stay competitive.
The expert also advised those looking to lease out property to students to try and incorporate all the bills with the cost of the rent as these types of tenants could be liable for failing to pay on time.
Mr Cunningham added: “Make sure the rent is competitive. You’ve only got one chance each year to let the property, so if you are trying to advertise it at too high a price and it doesn’t get filled up, then you have got an empty property for a year.”
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