5 Apr

More students to head towards private renting

More students to head towards private renting

The cost of tuition fees in England and Wales has led to the number of potential students heading to financial institutions declining over the past year.

However, those who are still going to university in spite of the £9,000 tuition fees now being charged are finding that they need to take action to save money, meaning that they are increasingly sharing properties in the private market rather than going to university accommodation.

Jonathan Moore, director of Easyroommate.co.uk, said: "With the cost of living in shared accommodation [on average] cheaper than living in university halls of residence, we predict a growing number will choose to move into a shared house in order to keep accommodation costs to a minimum."

He noted that properties near campuses with good amenities nearby are the best performers.

It has recently been reported that the number of people who are applying to join university courses declined this year by over 40,000 according to UCAS.ADNFCR-1222-ID-801335320-ADNFCR

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