EXCLUSIVE: Portsmouth landlords slam university request to drop student rents
Student landlords in Portsmouth are exasperated by its city university’s suggestion that they should introduce blanket rent reductions.
Vice-chancellor Graham Galbraith recently wrote to them suggesting they provide “fair rent relief” across the board during the coronavirus pandemic.
The letter said the college recognised the unfairness of being charged for unused accommodation so had offered an 80% reduction in rent costs to students in its own accommodation.
It suggested: “Supporting young people during these difficult times is important both for reasons of fairness and in recognition of the fact that students are the basis of your business and your long-term customers.”
When Portsmouth & District Private Landlords Association (PDPLA) pointed out that universities were still charging tuition fees and had also been offered bail-out loans by the government, while landlords had received no help, the university retaliated by explaining that it was a landlord too and had accepted the loss of income on its halls of residence.
Chairman Martin Silman tells LandlordZONE that reductions should be decided on a case by case basis and adds that many have stayed in their student homes rather than go back to their parents.
He says: “We encourage our members to look at each case individually and seek to come to a fair result for all in each case.
“I have student tenants on 50% rent, I have a couple whose contracts I cancelled as there is no chance that they will return this year, yet most of my student tenants are paying their full rent and living happily in my properties the same as any other year.”
University students on practical courses can return to university campuses for in-person teaching from 8th March. A review is due by the end of the Easter holidays on whether all remaining university students can return to campus.
©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – EXCLUSIVE: Portsmouth landlords slam university request to drop student rents | LandlordZONE.
View Full Article: EXCLUSIVE: Portsmouth landlords slam university request to drop student rents
Post comment
Categories
- Landlords (19)
- Real Estate (9)
- Renewables & Green Issues (1)
- Rental Property Investment (1)
- Tenants (21)
- Uncategorized (11,861)
Archives
- November 2024 (52)
- October 2024 (82)
- September 2024 (69)
- August 2024 (55)
- July 2024 (64)
- June 2024 (54)
- May 2024 (73)
- April 2024 (59)
- March 2024 (49)
- February 2024 (57)
- January 2024 (58)
- December 2023 (56)
- November 2023 (59)
- October 2023 (67)
- September 2023 (136)
- August 2023 (131)
- July 2023 (129)
- June 2023 (128)
- May 2023 (140)
- April 2023 (121)
- March 2023 (168)
- February 2023 (155)
- January 2023 (152)
- December 2022 (136)
- November 2022 (158)
- October 2022 (146)
- September 2022 (148)
- August 2022 (169)
- July 2022 (124)
- June 2022 (124)
- May 2022 (130)
- April 2022 (116)
- March 2022 (155)
- February 2022 (124)
- January 2022 (120)
- December 2021 (117)
- November 2021 (139)
- October 2021 (130)
- September 2021 (138)
- August 2021 (110)
- July 2021 (110)
- June 2021 (60)
- May 2021 (127)
- April 2021 (122)
- March 2021 (156)
- February 2021 (154)
- January 2021 (133)
- December 2020 (126)
- November 2020 (159)
- October 2020 (169)
- September 2020 (181)
- August 2020 (147)
- July 2020 (172)
- June 2020 (158)
- May 2020 (177)
- April 2020 (188)
- March 2020 (234)
- February 2020 (212)
- January 2020 (164)
- December 2019 (107)
- November 2019 (131)
- October 2019 (145)
- September 2019 (123)
- August 2019 (112)
- July 2019 (93)
- June 2019 (82)
- May 2019 (94)
- April 2019 (88)
- March 2019 (78)
- February 2019 (77)
- January 2019 (71)
- December 2018 (37)
- November 2018 (85)
- October 2018 (108)
- September 2018 (110)
- August 2018 (135)
- July 2018 (140)
- June 2018 (118)
- May 2018 (113)
- April 2018 (64)
- March 2018 (96)
- February 2018 (82)
- January 2018 (92)
- December 2017 (62)
- November 2017 (100)
- October 2017 (105)
- September 2017 (97)
- August 2017 (101)
- July 2017 (104)
- June 2017 (155)
- May 2017 (135)
- April 2017 (113)
- March 2017 (138)
- February 2017 (150)
- January 2017 (127)
- December 2016 (90)
- November 2016 (135)
- October 2016 (149)
- September 2016 (135)
- August 2016 (48)
- July 2016 (52)
- June 2016 (54)
- May 2016 (52)
- April 2016 (24)
- October 2014 (8)
- April 2012 (2)
- December 2011 (2)
- November 2011 (10)
- October 2011 (9)
- September 2011 (9)
- August 2011 (3)
Calendar
Recent Posts
- Why Do You Really Want to Invest in Property?
- Demand for accessible rental homes surges – LRG
- The landlord exodus is fuelling a rental crisis
- Landlords enjoy booming yields – Paragon
- Landlords: Get Your Properties Sold Fast and Cash in the Bank before the New Year!