Wi-fi, en-suite facilities and communal areas are the most important features for higher education students when choosing accommodation according to a recent survey by Unite, developers and managers of purpose-built student accommodation in the UK.
As well as these demands, Unite also discovered that location, security, price and cleanliness are important factors for a happy student life and as a result, universities across the UK are pushing hard to ensure that they can accommodate today's student requirements.
While UK universities are working to provide new-build and refurbished student accommodation there is a continuing need for more to be built in order to cope with surging demand. The current shortfall in specific higher education accommodation is reinforced by the Unite survey which discovered that 17% of students currently live at home, while another survey of school-leavers carried out at the end of 2011 found that 16% were planning to live at home in 2012-13.
Ray Withers, CEO of student property investment specialists, Property Frontiers, comments,
"Although there has been a very small reduction in student applications this year, most likely caused by the introduction of increased tuition fees, the UK has some of the world's best educational institutions and we will no doubt see a growth in student applications next year once the dust settles.
"Indeed, it is of the upmost importance that we continue to build high quality student accommodation to meet demand and student's expectations. Universities alone cannot be responsible and this is why we are now in our 9th purpose built student accommodation project in one the UK's biggest university cities, Liverpool. These investments allow us to meet the student demand for housing whilst providing our investors with the opportunity to own one of the best asset classes around. All our completed student projects have achieved 100% occupancy so the results speak for themselves!"
"But it's not just investors that are a concern to us. We at Dealsearcher are meeting the demands of students with all our student accommodation developments with Wi-fi, en-suite bathrooms and shared common rooms as standard, all situated in the thriving city of Liverpool."
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