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News Article

"In May, you MUST give your Tenants the Renters Rights Information Sheet or

YOU RISK  - £7,000 FINE  PER TENANT PER PROPERTY."READ MORE

High Rents Are Undermining Student Life, Lettings Firm Warns

20th Feb 2026

A lettings firm has urged the government to urgently overhaul higher-education funding, warning that university is becoming unaffordable for many.


It says rising debt and increasing living costs are shutting out a growing number of young people.

The organisation has proposed reforms including removing interest from student loans or scrapping tuition fees for UK students.

The firm says soaring rents and the wider cost-of-living crisis, combined with long-term loan repayments, are leaving students feeling penalised.

It has urged the government to urgently overhaul higher-education funding, warning that university is becoming unaffordable for many and it says rising debt and increasing living costs are shutting out a growing number of young people.

The lettings firm has proposed reforms including removing interest from student loans or scrapping tuition fees for UK students and says soaring rents and the wider cost-of-living crisis, combined with long-term loan repayments, are leaving students feeling penalised.

Average weekly rents for shared student homes have surged by 17.4% in two years, climbing from £137.44 in 2023 to £161.37 in 2025, according to the organisation. Purpose-built student accommodation has seen a 12.2% rise, with weekly rents now at £197.81.

It warns that these persistent, above-inflation increases are tightening the squeeze on student budgets.

Fresh data from the Student Loans Company highlights the wider financial strain.

Students in England now enter higher education with an average loan balance of just over £53,000—part of a broader trend of rising debt across the UK.

Students in England now face a monthly funding gap of around £500, according to the latest Save the Student survey.

The average maintenance loan for 2024/25 is roughly £640, while typical living costs reach £1,142.

The deficit has grown sharply in recent years: in 2020, the average shortfall was just £223 a month meaning it has more than doubled in four years.

“Higher education should be a positive investment in the country’s future” says the lettings firm spokesperson.

“If government does not act now, we risk creating a system where university is seen as a financial gamble rather than a route to opportunity.”




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"In May, you MUST give your Tenants the Renters Rights Information Sheet or

YOU RISK  - £7,000 FINE  PER TENANT PER PROPERTY."READ MORE

 

 

 


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Fit for Habitation|March 2019 The ACT is intended to define minimum standards a rental property MUST be and makes a clearer pathway way for Tenants to be compensated|https://www.pims.co.uk/fit_for_habitation_act_march_2019/ Guarantor|The person who provides a guarantee and promises to make payment good should the person responsible for the agreement fail|http://www.pims.co.uk/guarantors/ MEES|The Minimum Energy Efficiency Standard (MEES) Landlords are charged with the requirement to bring their rental property to a minimum EPC rating of E. Property with F and G rating will effectively be banned from the rental market April 2018 |http://www.pims.co.uk/epc/ Section 11|Section 11 of the Landlord and Tenant Act 1985 places an obligation on the landlord to maintain the structure and exterior of the property, including installations for the supply of water, gas and electricity, heating systems, drainage and sanitary appliances|http://www.pims.co.uk/landlord-section-11-repairs/ serving date|This date is the date deemed received at the property - as an example if posted allow for posting days|/serving-notice-on-a-tenant-delivery-days/ Tenancy Application|The objective of vetting is to empower yourself so you can make an informed decision as to the calibre of the prospective person. Making your decision on facts and figures is invaluable and this is why you should always take references. The application form also provides you with permission to perform credits. This form details all the information you should ever require deal with most eventualities including absconding tenants|http://www.pims.co.uk/doc/57/ Tenant Fees|From June 2019 where renting properties in England gone are the days of charging for admin, letting fees, vetting, references, inventory, check in, check out, cleaning, pet insurance or ANY other fee that is not explicitly permitted within the legislation. |https://www.pims.co.uk/ban_letting_fees_act_2019/