Traditional university halls of residence ‘in decline’
They are paying up to £1,400 a month for a new wave of luxury apartments built close to university campuses.
Accommodation has “changed dramatically” over the last decade, it was disclosed, as universities and private property companies cash in on a sharp rise in the student population.
Overall rent has soared by 22 per cent in just three years, with the average undergraduate paying £99 a week in 2009/10. Rents in private halls increased by almost 30 per cent to £102 …