Students make excellent tenants, claim landlords
News Category: Industry News
Published: 16-Sep-2008
This article was brought to you by Rentman the premium rent management software
The idea that students are unruly tenants who could leave a property damaged is an outdated one, it has been claimed.
According to Paragon Mortgages far from the stereotype propagated by the TV show the Young Ones in fact students are now more likely to be excellent tenants.
This was supported by research conducted by the lender which found that four out of five landlords classified students as punctual rent payers.
Furthermore, 90 per cent of landlords said that their student tenants were well behaved for the duration of their tenancy.
John Heron, Paragon Mortgages managing director, said: "The Young Ones' image of students is massively outdated, with the reality being far different.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: "Going to university these days is an expensive business anyway, so students have to be more careful with their costs."
The study also discovered that 89 per cent of landlords in the student sector said they were experiencing strong levels of demand for their property.
Find out more about letting agent software