Rents in Purpose-Built Student Accommodation (PBSA) are potentially set to rocket next year, exacerbating the cost of living crisis and further embedding economy-wide inflation.
NUS-UNIPOL research has consistently shown how PBSA landlords tend to use RPI inflation as a floor upon which to base their even higher annual rent rises. In many off-balance sheet financing deals for on-campus accommodation, RPI is stated as the increase that will apply. And plenty of universities offer “guaranteed” places in nominated private PBSA that are all likely to be yanking up rents.
We are highly likely to see rent rises of between 10-20% heading students’ way.
