Notice: wp_enqueue_script was called incorrectly. Scripts and styles should not be registered or enqueued until the wp_enqueue_scripts, admin_enqueue_scripts, or login_enqueue_scripts hooks. Please see Debugging in WordPress for more information. (This message was added in version 3.3.0.) in /home/immigration/public_html/wp-includes/functions.php on line 4138
Rents level out as more students start, but numbers of overseas applications for UK universities down | Immigration Matters

Want to learn more about UK/EU Immigration Law? Click Act Now to learn more... Act Now

Hide
Show
Call Us +44 7950 458 464 | info@immigrationmatters.co.uk
 Categories : News Uncategorized

 

Rents for new tenants appeared to drop across the UK, including London, last month – but seasonal variations were entirely responsible, Landlord Today reports.

Referencing company HomeLet said that it was because more students had checked in to rental properties.

Nevertheless, it meant that the average cost of renting a home in greater London dropped for the first time this year, to an average of £1,158 per month.
 
However, despite the drop in rents, the cost of living in a rented home in London is still nearly 9% higher than the same time last year, and 23% more than in October 2009.
 
The average cost of renting a home in the UK also reduced from September to October by 2.5% to £763 per month, which is still over 4% higher than the same time last year.
 
There were only two out of 11 regions where there was an increase in average rental amounts between October and September – Wales and East Anglia.

John Boyle, managing director of HomeLet, said: “We do normally see a seasonal dip in actual rental prices at this time of year due to the amount of students being referenced.
 
“At a first glance the drop in rents would appear to be good news for tenants, however, when we see how expensive it is to live in a rented property compared to last year.
 
“With average rents rising at a much higher rate than average incomes, budgets are really being stretched, and if rental amounts increase as much in early 2012 as they have done in previous years, then renting may become unaffordable for an increasing number of people, particularly in London.” Source: Landlord Today.

September and October were busy months for landlords as hundreds of thousands of students from the UK and abroad started courses, although the trend shows a sharp reduction in expected numbers for next year.

UK University applications for 2012 are running at 9% below last year’s level, says the UCAS admissions service.

The Universities UK action group issued a warning last week about Britain’s reputation in education after new figures revealed that the government’s curb on overseas students had reduced their numbers by 11,000 and led to more than 450 colleges pulling out of the market.

The Home Office said more than 400 of the pre-degree colleges ‘lost their right’ to recruit international students because they could not meet the standards of a new inspection regime.

English UK, an association representing 450 language colleges, has demanded an apology from the Home Office claiming their remarks implied institutions were fronts for illegal immigration.

UK University (UKUS), the free student placement service said that the figures confirm what the market already knows. International students are turning away from British Universities and colleges and choosing countries such as Canada, Australia and New Zealand.

See also:

Tackle visa abuse, but not at the cost of genuine students say Universities UK

UK Border Agency announce further changes to the student visa system

UK University applications drop 9% as higher fees and student visa crackdown takes effect

Student visa crackdown damaging our reputation abroad, Universities UK warns

English UK seeks apology from Home Office over ‘bogus colleges’ claim

Restrictions on Romanian workers in the UK labour market are ‘discriminatory’, says Keith Vaz MP

If you need any immigration advice or help with Sponsorship or Work Permits, Visa, ILR/Settlement, Citizenship, dependant visa or an appeal against a refusal please email: info@immigrationmatters.co.uk or visit www.immigrationmatters.co.uk 

Majestic College offer special packages for EU students. They also have a number of employers looking for staff right now and are willing to employ Bulgarians and Romanians.

For more information call Joanna on 0208 207 1020 or email info@majesticcollege.org

Spread the Word, like or share this page, your friends will also love it and thanks for it.



Do you employ foreign workers? Don't risk a £20,000 fine and a possible custodial sentence. We can advice on Entrepreneur Visas, Investor Visas and Home Office sponsor licence compliance for your business. Use the button below to schedule an appointment...

About

Immigration Adviser, Speaker and Author See also: www.LinkedIn.com Profile - http://www.linkedin.com/profile/edit?trk=hb_tab_pro_top www.Ecademy.com Profile: http://www.ecademy.com/account.php?id=110038 http://www.facebook.com/#!/groups/14119859749/

Leave a Comment

Your email address will not be published. Required fields are marked by *.

You must beLogged in to post a comment.