Apr

STUDENT landlords: Charity works with property owners to release 250 students from tenancies

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Leicester-based accommodation charity Sulets is one of the first in the UK to negotiate a blanket deal for its student tenants with private landlords.

Sulets is the latest student
accommodation provider to give its tenants a hand-out to help them get through
the difficult summer term.

Working with private landlords, the two-branch Leicester-based educational charity has released university students early from their housing contracts in its leased properties.

Sulets made the decision to help the many students who have lost their jobs
and have had their studies and exams disrupted, after university buildings closed
and the need to ensure safe practices left them in a difficult position.

More than
250 students will benefit if they decide to be released from their tenancy
early.

CEO Irving Hill says the
decision means it will experience a significant loss of income, as will those
landlords who have worked with Sulets to share the financial pain to help the
city’s students.

He adds: “Sulets has a clear mission and we would be failing in that if we did not do all that we could for the students who are our tenants.

“I would like to thank those landlords who have partnered with us, at financial cost to themselves, when they didn’t need to, so that students could be released from their contracts without penalty.”

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