Buy to let can cash in on increased university applications

Residential landlords in the buy-to-let sector have seen nothing but doom and gloom in the past year so it’s about time they had some good news.

Those with the resources should seriously consider looking into the markets in university towns as applications for places for next year are set to rise by 8 per cent.

The increase for university places will further strain the overstretched university halls of residence, which will require private landlords to once again pick up the shortfall.

As long as landlords do sufficient research into the local property market and proximity of the property to the university campus then a tidy return should be made, especially if the landlord can get a student in their first year they have a potential tenant for three years.

With almost 500,000 university students in the UK it is an important area of the lettings market for landlords to tap into.

Landlords can make sure that their let property has the best value insurance by going to Insure My Letproperty and getting a comparative quote for student let property insurance.

March 02^nd 2009

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• Norwich Landlords Guaranteed Rent by City Council