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Why Choose Varsity student Lets

With years of lettings experience our specialised students letting staff are able to offer you the best advice to allow you to market and manage your property within this market place.

Operating from High Street locations around the UK, we offer a flexible range of services and can tailor these to meet individual requirements.

Direct marketing with students’ unions

Working closely with local universities and their accommodation offices

Rent protection is included as standard for all our managed property packages

Access to thousands of students across the country

We have a significant presence on all major web portals, including local student sites

Flexible management packages including cleaning, regular visits and inclusive utilities

Bonded member of ARLA with NFoPP licensed staff in every branch

Large national network of more than 200 branches letting over 1500 properties a month

Working closely with over 1000 estate agency branches belonging to Countrywide plc

Technical expertise in a specialised field

High standards of professional competence

Dedicated legal administration department

Member of the Tenancy Deposit Scheme

Sound knowledge of tenancy law and legal notices

First class high profile marketing

Part of Countrywide plc, the largest estate agency group in Europe

Six reasons why Students can be the best Investment Market

Ignored by many agents because of pre-conceived ideas, the student property sector is perhaps the most misunderstood investment opportunity. These pre-conceptions are largely myth and whilst any tenancy has potential pitfalls, the facts and figures do tell a very different story.

1. Students have money

The spending power of students should not be underestimated. They now have access to more funds than ever before, in addition to parental support. 85% of students go to university with some form of savings; 29% of students have worked full time prior to higher education and 88% receive help from relatives or guardians. Student loans run at just under £4,000 per annum, whilst banks give interest free overdrafts. It is also not uncommon for students to finance their time at university with the now easier access to credit. In addition, many students take part time employment.

2. It is a resilient and growing market

Student numbers are growing with the Government’s continual commitment to expanding further education. The demand for property will grow, giving rise to both an increase in yields and capital growth.

3. It is a stable market

Students are economically immune. Whilst stock market fluctuations and global economic instability can impact our economy and in turn our property and rental prices, particularly amongst the professional sharers market, students are almost immune to these and will be paying rents from any combination of loans, savings or funds from a third party.

4. Landlords' income is more predictable

The majority of student lets for the academic year starting in September are secured and agreed as much as nine months earlier. Students start their search as early as December and the high demand for quality student accommodation exceeds the supply.

5. There is a high renewal rate

Once students have secured a property and made it their home, there is a strong likelihood that they will renew for a further year, driven not least by inertia. Furthermore, tenants leaving university often 'pass on' details of their property to other students who will be staying on for another year.

6. Little or no 'void' periods

The common expectation is that students should pay for the same period as any other type of letting and therefore tenancies can be agreed for a period of up to 12 months. This means there will be virtually no void period, just the time taken to change tenants and carry out any repairs.

The student housing sector - How does it work?

The principal difference with student lettings is one of time scale. With traditional lets, tenants generally look for a property approximately 2 - 4 weeks prior to the start of their tenancy and then sign, pay and move in within that period.

The university term starts in September and the majority of first year students go into Halls of Residence for that first academic year. In general, students get together in groups of two or more to secure a property for their second year and look for accommodation as early as December with the majority securing properties early in the new year. Most tenancies will start in September, however, they can commence in July or August if the property is available and this meets your requirements.

The student housing sector - How does it work?

When you let a property you are legally obliged to comply with the current safety legislation that covers services and items in the accommodation you are letting. To help you we have outlined some of the legislation that may affect you – but we encourage you to apply for further documentation from the sources indicated and to take legal advice.

Tenancy Deposit Schemes

Tenancy Deposit Protection was introduced by the Housing Act 2004 and came into force on 6 April 2007. Its aim is to ensure good practice in deposit handling and to assist with the resolution of disputes. Any deposit taken after 5 April 2007 in connection with an assured shorthold tenancy (AST) needs to be held in accordance with the rules of one of three approved schemes.

.. More About The Tenancy Deposit Schemes