'Young Ones' image of student renters 'a thing of the past' |
02 2007 |
| With getting back a full deposit now being seen as imperative by the nation's students, rental accommodation in the sector is being better looked after and this, in turn, is leading to an improvement in facilities, observers have revealed. According to the mortgage service Paragon, which gives advice to landlords, the days of students not looking after a property properly are over as renters look to minimise the costs incurred for repairs and replacements. "Despite the 'Young Ones' image of students being rowdy and destructive tenants, the reality of modern student lets is quite different," said Nigel Terrington, Paragon Group's chief executive. "The days of grants have long gone and students are more focused to make the most of their student debt-financed opportunities." This means that landlords are happier to invest more in their properties, while tenants are also benefiting from new legislation surrounding accommodation standards and the return of deposits.  |
Related Articles |
| Property in Edinburgh falls 11% |
| House prices in Edinburgh have now fallen 11 per cent in a year, research... |
| NLA comments on 'reluctant landlord' |
| The National Landlord's Association (NLA) has commented on the phenomenon... |
| Rents tumbling as property supply rises |
| Research from the Royal Institution of Chartered Surveyors (Rics) Wales has... |
| Rent could drop as buy-to-let grows |
| Both interest rates and house prices are dropping at present, creating what... |
| Top London homes fall 11.5% in quarter |
| New homes in some of London's most sought-after locations have fallen by a... |
Copyright © 1995-2008 loot.com. All Rights Reserved. Designated trademarks and brands are the property of their respective owners. Use of this Web site constitutes acceptance of the loot