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Will tuition fees kill of the buy-to-let landlord?
Comments
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chewmylegoff wrote: »Who are the other members of the first time buyer strike?
Anyone who can hear the timbers being desperately employed to prop up the housing market groaning under the strain.0 -
I saw one student house advertised this week... 15 rooms. Monthly rent of over £8k.
What happens if a landlord only gets 1-2 people into the house ... and doesn't pay the mortgage? Do students get turfed out due to repossession when they should be studying for exams?
I've always thought that Colleges should provide accommodation on student sites for all students.... it'd be better all round if they didn't have to go to viewings hundreds of miles from home, 6 months ahead of when they'd be moving, then sign up for god knows what with all sorts of shifty landlord types.0 -
PasturesNew wrote: »I've always thought that Colleges should provide accommodation on student sites for all students.... it'd be better all round if they didn't have to go to viewings hundreds of miles from home, 6 months ahead of when they'd be moving, then sign up for god knows what with all sorts of shifty landlord types.
Then going to university would be more like going to boarding school.I'm a Forum Ambassador on the housing, mortgages, student & coronavirus Boards, money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
Then going to university would be more like going to boarding school.0
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Then why don't we get universitys to run ALL aspects of student life. They could be academic book retailers, publicans, supermarket owners, take away food retailers, laundry service providers, etc etc etc. Soon, there would be no need for them to trouble themselves with the provision of education at all.0
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PasturesNew wrote: »I've always thought that Colleges should provide accommodation on student sites for all students.... it'd be better all round if they didn't have to go to viewings hundreds of miles from home, 6 months ahead of when they'd be moving, then sign up for god knows what with all sorts of shifty landlord types.
Many Oxbridge colleges do this, partly because they've had centuries of endowments and can afford to, and partly because rents are very high - nearly as high as London (at least they are in Oxford). When I was a second year (a long long time ago) my college had some building work done that took a whole load of student rooms out of action for a year. They promised to rent some properties for the year and then just charge the students the usual college rent - which was term time only and therefore a very good deal compared with the open market. Unfortunately, they discovered about two days before all the students came back for the autumn term that some of the houses they were intending to use had been declared unfit for human habitation by environmental health. One of my friends had been suppposed to be livng in one - college squeezed him in by giving him a graduate room that had been going to be giving to a graduate student who dropped out at the last minute.Then going to university would be more like going to boarding school.
Good grief no. At boarding school there are people wanting to know where you are and what you're doing, and whether you're doing any work, and making sure you eat and sleep enough, and they generally take responsibility for you because you're not an adult yet.
In College-owned student accomodation they just act like a landlord and leave you to get on with your life. But they are a responsible landlord who lets you decent properties, in a convenient place close to where you are studying, for term-time only rent, but expects to be able to use your room for conferences etc during the holidays when you're not there. At least, that was what it was like when I was there. The only molly-coddling that's often included is the presence of cleaners.Do you know anyone who's bereaved? Point them to https://www.AtaLoss.org which does for bereavement support what MSE does for financial services, providing links to support organisations relevant to the circumstances of the loss & the local area. (Link permitted by forum team)
Tyre performance in the wet deteriorates rapidly below about 3mm tread - change yours when they get dangerous, not just when they are nearly illegal (1.6mm).
Oh, and wear your seatbelt. My kids are only alive because they were wearing theirs when somebody else was driving in wet weather with worn tyres.0 -
PasturesNew wrote: »I've always thought that Colleges should provide accommodation on student sites for all students.... it'd be better all round if they didn't have to go to viewings hundreds of miles from home, 6 months ahead of when they'd be moving, then sign up for god knows what with all sorts of shifty landlord types.
Most universities do do this. Generally speaking you live in halls of residence (usually mass bedsits) in the first year and then move out into private rented in the second year. Halls are quite similar to boarding school in many ways, although usually on a bigger scale and nowhere near as much interference. Many of them are catered and you get a nosy warden telling you not to play ball games in the corridors. At least that was what it was like 10 years ago anyway. There seem to be more private halls of residence these days- same concept but not actually run by the university itself.0 -
In general, undergraduate students should be expected to study locally and live at home. The range of undergraduate degrees provided at universities around the country is unnecessarily broad.
All universities should be required to provide a basic range of traditional subjects in science and the arts, and this would reduce the need for prospective undergraduates to relocate away from home.
London Met is taking the lead here, with an announcement last week that it is to axe 70% of its degree programmes. Other universities should follow suit.
The academic standards at universities should be normalised, so that there is nothing to gain by studying at an Ivy League instead of at a local new university.0 -
chewmylegoff wrote: »Who are the other members of the first time buyer strike?0
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When I started Uni in 1999, the path most trodden was Uni run halls in year one and then line a private landlords pocket for years 2 - end.
Around 2001 there seemed to be an explosion of private run halls with 100s of students paying massive rents for luxuries such as broadband.
Surely an increase in fees would lead to students dropping out of these expensive flats and back to the 7 or 8 in a house, thus pushing up the demand for BTL proprties to let to students?0
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