Can a student rent a luxury flat?

19lottie82

What would you class as a “luxury” flat?

From my experience as a student, yes, students can rent flats at the higher end of the market, as long as they have a guarantor (ie rich parents), although as another poster has already suggested, a few landlords may have a no students or DSS policy.

Basically, as long as you have the cash, references and a guarantor, it shouldn’t be a problem and I wouldn’t see any need for six months up front, or paying increased rents, as others have suggested.

jjlandlord

TheEffect wrote: »

To keep it simple, if a university student wanted to rent a £800/m flat on the beach, would the landlord/letting agents outright refuse it? Do they require proof that the tenant is working and can afford the monthly rent?

I'm curious!

£800pcm is very far from suggesting any kind of luxury...

A landlord would always want to have reasonable insurance that the rent will be paid and that there will be no damage, and that any damage will be paid for.
As long as prospective tenant can convince a landlord of that, I don't see why a student could not rent a full mansion in Kensington.

dodger1

Just imagine a child of Richard Branson going off to university, I doubt rental of a luxury property would be refused in those circumstances.

kingstreet

pinkteapot wrote: »

You can sometimes avoid the income requirement by paying the full six months rent for the initial AST up front

My sister in law moved from Wirral to London to do a PGCE and paid twelve months rent in advance for the flat she used while she was studying. I 'spose she wasn't technically a student though...

dimbo61

If you look on websites like student-cribs you can see POSH houses and flats rented out to students with well off parents or maybe not.
Most halls of residence now charge anything from £75 a week to £140 a week ( outside london)
We have a friend paying £269 a week for a room in london