Some 90% of Unite Students accommodation in the UK has been sold for the 2023/24 academic year, the company’s most recent lettings performance has revealed.
The student housing provider acknowledged in its current trading and quarterly property valuations that the supply of UK “purpose-built student accommodation cannot keep pace with growing student demand at the same time as HMO landlords are leaving the sector”.
“We continue to make strong progress with bookings for the 2023/24 academic year with 90% of rooms already sold, demonstrating the strength of student demand and the attractiveness of our fixed-priced all-inclusive offer,” chief executive officer, Richard Smith, said.
“Reservations are significantly ahead of recent sales cycles, reflecting strong demand from both new and existing students as well as new nomination agreements with universities.
