Student Housing & Accommodation

Landlords defy credit crunch | Politics | guardian.co.uk: “Landlords defy credit crunch
June 20, 2008 12:09 PM

Last week I invited housing minister Iain Wright to a rapidly changing part of the constituency: Withington.

The area is very popular with students, being so near to Fallowfield and the busy bus corridor to the universities. As such the housing stock is very attractive to landlords and buy-to-let investors, who can expect to charge around £70 a week for a room in a multiple occupancy house, many of which have up to six ‘bedrooms’ (of which more later).

This area has for a long time been desirable to young people and students, but, for a number reasons, there has been a recent acceleration in the percentage of houses being converted into rented homes. What’s the problem with this, you might ask?”

To read the full artilce click here

My Note: Landlords are facing ever more legislation. This is Lucy Powell (the Labour party’s Parliamentary Candidate for Manchester Withington) take on property investors snapping up housing in her area.

Filed under: Legislation