…By
The properties, comprising a 952-bed facility in Stratford and a 614-bed property in Bristol, are expected to alleviate the current shortage of student housing caused by several factors, including regulatory changes and rising mortgage rates.
The exit of Houses in Multiple Occupation (HMO) landlords from the market has further exacerbated the housing shortage.
This trend was observed in the previous year, and the company expects similar challenges to persist, leading to an increased awareness of the urgency in securing accommodation.
As regulatory changes and mortgage rate increases continue to impact on the sector, the company’s efforts to expand accommodation options are commendable.