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Students make the best tenants, says report

29th July 2014

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It’s out with the stereotype of smashed up houses, pizza boxes everywhere and very, very bad smells – students are in fact the best tenants, according to a new survey of landlords and letting agents.

84% of landlords agree that students make good tenants and 69% would prefer to let to students than any other group, research has revealed.

The new findings, from utilities and service provider for students Glide and Accommodation for Students, found that university students are more desirable than other tenants, challenging any longstanding perceptions that might see them as bad tenants.

The annual report reveals that 69% of landlords and letting agents feel it is better to let to students than non-students.

This was consistent across all regions in the UK with the exception of London, where less than half (43%) preferred student tenants.

84% of all respondents also agreed that “students make good tenants.” This was put down to their associated benefits: better rental yields (76.5%), annual market for new students (53.7%), rent being guaranteed by a parent/guardian (45.6%) and rent being paid promptly (25%).

Only 3.7% of those surveyed reported experiencing no benefit associated with letting to students.

Richard Price, of Glide, says: “There is a lot of confidence in the student rental market. Gone are the days where student digs equals sub standard.

“The truth is, students make great tenants – they’re in constant supply and have guaranteed means to pay the rent.”

Glide surveyed 146 landlords, letting agents and private halls managers to reach their conclusions.

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