Students make good tenants

by Christopher Evans

Students are well-behaved punctual rent-payers, according to new research by Paragon Mortgages.

The study by the buy-to-let specialist suggests that landlords who let to university pupils are less likely to have problems with their tenancy agreements.

Four out of five landlords who rented to students said they received their rent on time, while 90 per cent of owners said they thought their tenants were well-behaved.

A further 95 per cent said that the student market was a profitable area to let to.

John Heron, managing director of Paragon Mortgages said: "The 'Young Ones' image of students is massively outdated, with the reality being far different.

"As opposed to students being rowdy and destructive tenants, they are looking after the property because they want to avoid losing deposits and incurring costs for repairs and replacements," he added.

The most important factor in a student renting a property was the cost involved, with proximity to university second and distance to a pub third.

A total of 571,567 people applied to start university in 2008, according to figures from UCAS.

Published on: September 16, 2008

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