Shortfall in student accommodation ‘remains a problem’ in university towns and cities
As students head off to university over the coming weeks, new research has revealed there is a still a shortfall of appropriate accommodation in many of the UK’s most prestigious university towns.
The popularity of university cities, such as London, Edinburgh and Bath, coupled with a shortage of suitable development sites in these historic locations, suggest that the supply and demand imbalance is likely to persist, according to the research by CB Richard Ellis.
And tighter planning regulations could create obstacles for developers going forward as it becomes harder to get consent, particularly for large schemes …