Pension or property

goodevans

Member
You may well be correct although one University has built a huge number of student accommodation in the last few years and yet his accommodation is still let in advance.I will ask his opinion as you make some valid points.
How has he come off this year with almost zero,students on campus.Last year my daughter only had to pay 50 % of what was due for last term (march/june) which I can only presume shows how good the return is
 

texelburger

Member
Mixed Farmer
Location
Herefordshire
I'd be interested to hear what they say. I think that they would say that there is still good money for those already in it and options if you want to vary or get out. But becoming a first-time time landlord right now and heading straight into the HMO / student let market (presumably on a small scale); that might elicit an entirely different response.
Just spoke to him.He said you must know your market and University. Some uni's are growing student numbers year on year and so demand for lets remain strong.They do more upmarket accommodation and keep in contact with their students.There are other companies that provide poor accommodation and use agents to collect rents so the relationship isn't so strong.
They collected 98 % of rent last year and are almost fully booked for this one.
 

texelburger

Member
Mixed Farmer
Location
Herefordshire
How has he come off this year with almost zero,students on campus.Last year my daughter only had to pay 50 % of what was due for last term (march/june) which I can only presume shows how good the return is
I asked him and he said they have done very well considering everything.He guessed your daughter might be in a university room(PBSA) as most let companies weren't offering discounts.They do higher end student lets and maintain the properties to a good standard..They do everything 'in house' and have a team in each city, where the lets are,who keep in regular contact with the students to see if everything is OK.
He said there are some poorly managed companies who are not doing so well.
In a nutshell
Know your market
Know the uni and student numbers
Keep ahead of the game.
They collected 98 % of rent last year and are just about fully let for this one.
They have 1060 lets after selling off some at a uni which weren't making enough margin.
 

goodevans

Member
I asked him and he said they have done very well considering everything.He guessed your daughter might be in a university room(PBSA) as most let companies weren't offering discounts.They do higher end student lets and maintain the properties to a good standard..They do everything 'in house' and have a team in each city, where the lets are,who keep in regular contact with the students to see if everything is OK.
He said there are some poorly managed companies who are not doing so well.
In a nutshell
Know your market
Know the uni and student numbers
Keep ahead of the game.
They collected 98 % of rent last year and are just about fully let for this one.
They have 1060 lets after selling off some at a uni which weren't making enough margin.
My daughter was in a house,not on campus
 

le bon paysan

Member
Livestock Farmer
Location
Limousin, France
I find it worrying to think of how many folks I know have dropped off their perches in the last year or two without reaching retirement age. Both dad and uncle David never made it, and my sister's husband and my two female cousins' husbands have all died in their early 60s from either cancer or undiagnosed heart troubles. Add to that my two closest friends who both died of the big C at 56, and it has really affected how I see things.
I'm beginning to think that I should start on a get-out plan with 60 just round the corner and neither me nor Mrs Fred having any offspring to leave anything to. We are both comfortably off with assets, having only got together later in life, but income is going to be a challenge as the estate keep grabbing back land for new schemes and my older sisters are wanting their (reasonable) shares as they retire.
Before he died a friend said, "I've enough money that if I'd thought about it, Id have paid for one of those body scans. 800 quid every 3/4 years and they would have seen this when it was treatable".
When I had a scan last year after a heifer put me in hospital, they said they'd had a good look and there were no signs of any ill health, it was a bonus of getting hurt.
If your offered tests then take them, if you can afford it, pay for them.
 

Still Farming

Member
Mixed Farmer
Location
South Wales UK
Before he died a friend said, "I've enough money that if I'd thought about it, Id have paid for one of those body scans. 800 quid every 3/4 years and they would have seen this when it was treatable".
When I had a scan last year after a heifer put me in hospital, they said they'd had a good look and there were no signs of any ill health, it was a bonus of getting hurt.
If your offered tests then take them, if you can afford it, pay for them.
You ither know earlier to treat it or know earlier you on your way out !
 

robs1

Member
Before he died a friend said, "I've enough money that if I'd thought about it, Id have paid for one of those body scans. 800 quid every 3/4 years and they would have seen this when it was treatable".
When I had a scan last year after a heifer put me in hospital, they said they'd had a good look and there were no signs of any ill health, it was a bonus of getting hurt.
If your offered tests then take them, if you can afford it, pay for them.
I have said many times that we pay to get our cars etc serviced yet wont pay to check ourselves, I wonder how many lives would be saved if we had a full scan every few years after say 50, maybe the savings in treatment costs would pay for the scans.
 

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