As we start the new year a new survey has shown that most students are satisfied with their landlord.
Contrary to the popular belief that students are taken advantage of by landlords, the National Student Index survey commissioned by student property app BubbleStudent has shown that 63 per cent of students are satisfied with their landlord.
The survey shows that students are generally satisfied with their living conditions and the services provided by their landlords.
However, a perhaps surprisingly small percentage, only 7.5 per cent of those surveyed, were largely dissatisfied with their landlord’s communication and general behaviour.
The findings largely disprove the widely held notion that student-landlord relationships are strained, and students are not satisfied.
The student market has become a very large part of the buy to let investment market in recent years, with almost 2 million students at university, and around half renting from private landlords.
The removal of the university admissions cap in 2015 has seen record numbers of students take up places at university, offering a guaranteed market for buy to let investment landlords.
CEO and founder of BubbleStudent, Felix Henderson, said: ‘There are many misconceptions about the relationship between student tenants and landlords, however, our research has revealed that the majority of students are more than satisfied with general landlord behaviour and the standard of their accommodation, representing a real shift in the dynamic from previous years.
‘This change is in part due to increasing awareness of just how lucrative the student market can be, along with improvements to the way these relationships are facilitated and managed. We use an app-based service to match students with properties, book viewings, secure contracts and help students make rental payments. This virtual proximity has gone a long way towards helping to remove some of the barriers and pain points for both students and landlords alike, resulting in improved satisfaction across the field.’
Source: Residential Landlord