Student accommodation market reaches ‘crisis point’, Unipol and HEPI find

Student accommodation provider Unipol and the Higher Education Policy Institute (HEPI) release a new report titled ‘Student accommodation costs across 10 cities in the UK: Cost pressures and their consequences in purpose-built student accommodation’ (PBSA).

The report strongly highlights that rents for student accommodation have increased by an average of 14.6% over the past two academic years, meaning they now use up nearly all the average maintenance loan. Because of this, the report includes policy recommendations, revisions to maintenance support for students and new affordable room options.

Providing an authoritative picture of student living, the report has been conducted in response to the rent rises and supply issues witnessed over the years. It includes data voluntarily submitted by both universities and the ten largest providers of PBSA operating across ten major regional university cities, who collectively manage over 125,000 beds in those cities. Cities covered include Bristol, Exeter, Glasgow, Leeds, Liverpool, Nottingham, Bournemouth, Cardiff, Portsmouth and Sheffield …

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