The UK’s leading student accommodation platform, UniHomes, has revealed which universities are seeing the greatest rental demand from students as the new academic year fast approaches.
The Student Rental Hotspots Index by UniHomes provides a quarterly look at the UK’s top 100 universities, highlighting which are currently seeing the highest demand for student rentals. This demand is based on the number of student homes listed on the market that have already had a let agreed as a percentage of total stock available.
Most in demand universities
The Q2 index shows that there is a two way tie in terms of the highest levels of student demand at present. Both the University of St Andrews and the University of Cambridge rank as the most sought after where student rentals are concerned, with 60% of all rental stock listed around each university already taken.
The University of Nottingham is also home to some of the highest levels of demand at 44%, with the University of York (42%) and the University of Glasgow (42%) also making the top five.
Other universities seeing some of the strongest levels of student rental demand include the University of Essex (34%), the University of Southampton (31%), Aston University, Birmingham (29%), Durham University (27%) and the University College London (27%).
Co-Founder of UniHomes, Phil Greaves, commented: “As thousands of students begin moving into their student accommodation for the fast approaching academic year, the return to in-class learning this year is still pushing high rental demand surrounding the nation’s universities.
Despite much of the last year’s learning being done in a virtual capacity due to the pandemic, we’ve seen many students remain keen to carry on renting within their chosen university city and this has provided some much needed certainty for student landlords.
If you haven’t yet secured your student accommodation for the new academic year then don’t worry. While demand around many universities is high, there is still plenty of stock on the market for those looking to the year ahead.”