University challenge for landlords

Released on: March 17, 2008, 9:25 am

Press Release Author: Jim watson

Industry: Real Estate

Press Release Summary: For some people, University Challenge has always been a TV
quiz programmer featuring Bamber Gascoigne or, latterly, Jeremy Paxman, alongside
two teams of students answering utterly obscure questions about subjects many did
not even know existed.

Press Release Body: For some people, University Challenge has always been a TV quiz
programmer featuring Bamber Gascoigne or, latterly, Jeremy Paxman, alongside two
teams of students answering utterly obscure questions about subjects many did not
even know existed.

Yet not now. The latest contest of this name has been announced by the government
this week. The starter for ten, or in this case 20, is the question of which score
of locations will be chosen to host the new campuses ministers wish to see as part
of a drive to expand higher education further. For those investing in property, this
could create new buy-to-let opportunities in the sector.

Secretary of state for innovation, universities and skills, John Denham, said the
plan was to create these campuses within the next six years, with an extra 10,000
students. In the notes to editors at the end of the announcement on the government
news network it was specified that these developments are likely to be linked to
existing universities but new ones may be created as well.

This may leave open the question of whether the new campuses will be in existing
university towns or not. National Landlord\'s Association (NLA) vice chairman John
Socha said that for buy-to-let investors who specialize in letting out houses to
students, the announcement was \"good news\", although much would depend on the answer
to the question of location.

He went on: \"If they\'re not already student towns, then it will be interesting
times. it will sort itself out gradually, as perhaps the college gets its own
accommodation sorted out - but it will be a long-term market for those that want to
stay with it.\"

As it happens, the recent trend of new campuses may suggest that there will be new
university towns, including where existing universities are involved. An obvious
example of this is Ipswich, where University Campus Suffolk brought higher education
to the town for the first time ever this academic year in a partnership between the
universities of Essex and East Anglia. Other towns in the county to gain campuses as
a result of the venture were Bury St Edmunds, Great Yarmouth, Lowestoft and Otley.

One advantage of such investment is that the market is constant in its timings.
While other landlords will have people moving in or out at various times, those with
student lets will know that the times when their tenants will occupy the premises
can be linked to the academic calendar. This very stability attracts many people to
the market, Mr. Socha said.

Naturally, there are other key issues to be addressed, such as ensuring the
properties are in the right area of town. Mr. Socha emphasized that \"It\'s got to be
on the college bus route, or near the college, as well as near entertainments.\"

Do all that and, it seems, there are some very good prospects for landlords. What is
needed now is to do some diligent study on where these new campuses will emerge, in
order that, by the time the gong is sounded, they will have found the right answers
to come out on top in the university buy-to-let challenge.

In today\'s world Property investment is an excellent investment option especially
investment in UK

Web Site: http://france.assetz.co.uk

Contact Details: Assetz House, Newby Road, Stockport

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