Renting to Students: Guarantors, Rent in Advance, Ground 4A

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Originally published at: Renting to Students: Guarantors, Rent in Advance, Ground 4A

Renting to students can be a great option if you’re after strong demand and solid yields, especially in cities like London. That said, it does tend to be a bit more hands-on, with furnished properties and more frequent turnover to manage. And with the Renters’ Rights Act removing fixed terms and tightening rules around rent…

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And you need to consider HMO

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OpenRent makes it difficult to rent to international tenants, by requiring a UK debit/credit card for the deposit. How will someone have that if they just arrived in the UK? Any bank card should be accepted

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Maybe in their first year, but not the rest of time. A lot of the richer ones can get U.K. debit cards eg HK students use HSBC who will do this, so it acts as a kind of filter

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