Welcome Scott Blakeway, Unipol Martin Blakey, Unipol Sarah Wayman, NUS Ben Whittaker, NUS
About the survey • Data collected between July and September 2009 • Responses from: • 85 institutions • 47 private providers
• Survey created, data collected and collated by i-graduate
Type of Accommodation Surveyed • Accommodation in this survey falls into three broad categories: • provided by the institutions themselves in their own buildings • provided by others but via an arrangement made through an institution, referred to in this document as a ‘nomination agreement’ or • provided directly by an external private supplier, described in this report as a ‘private provider’
Who is Providing Student Accommodation? • Institutionally-owned and managed housing still makes up the vast majority of purposebuilt accommodation • 78.0% of purpose-built provision fell into this category. • 12.1% fell under various institutionally-linked nomination agreements • 9.9% was provided and directly let by private suppliers.
Who is Providing Student Accommodation? • Distinctions are becoming increasingly blurry • The Unipol/ANUK and UUK Codes suggest: • 69% of accommodation is provided by institutions • 31% by private providers
Length of Contract • Institutions average 39.6 weeks (39.3 in 2006/07) • Nominated rooms: 42.9 • Private providers: 44.6 • Overall: 40.5
Findings: What Does Accommodation Cost? Overall average annual rent 2009/10 Overall average weekly rent for 2009/10
£98.99
Institutional average annual rent 2009/10
Institutional average weekly rent for 2009/10
£98.43
£4,284.35
Private provider average annual rent 2009-10
Private provider average weekly rent 2009-10
£92.99
£3,892.62
Nomination average annual rent 2009/10
Nomination average weekly rent for 2009/10
£99.87
£4,003.91
£4,560.02
Accommodation Costs and Student Income • According to the Student Income and Expenditure Survey, in 2007-08 a full-time student’s average income (after tuition fees) was £8,188. • Would stand at around £8,473 with inflation factored in • Accommodation accounts for nearly half of this, and all of income from loans and grants
Inclusivity • • • • •
A trend toward inclusive rents Energy – 98.5% Internet – 81.5% Insurance – 68.4% Other responses included: • • • • • •
car parking gym swimming pool digital television video-calling bus pass
What Accommodation Costs: by Category
What Accommodation Costs: by Category
What Accommodation Costs: by Category
What has Changed: 2006-07 – 2009-10 • Rents have risen by an average of 22% • This is 13% above the rate of inflation over this period • Student support (loans and grants) have not increased other than to match inflation
What has Changed: 2006-07 – 2009-10 • More ensuite accommodation – 48% of accommodation in survey • Between £19 and £24 extra per week for ensuite accommodation
What has Changed: 2006-07 – 2009-10 • The rise of ensuite: 100
80
%
60
40
20
0 2000
2001
2004
2007
2009
2010
Year Self Contained
Self Contained En-suite
Catered Halls
Studio Flats
Other
Deposits • The overall average deposit charged in 2009-10 was £220.42 • 57% of institutions and 62% of private providers charged a deposit • Considerable reduction on 2006-07 when 79% (of both institutions and private providers) charged a deposit. • Where a deposit is charged, however, the amount has increased: • from £180 in 2006-07 to £207.73 in 2009-10 for education institutions • from £198 in 2006-07 to £237.93 in 2009-10 for private providers.
Additional Costs Booking Fees • 28% of all respondents used booking fees • Average booking fee is: • £150.79 in institutional accommodation • £135.28 in private supplier accommodation
• Fees range widely from £25 to £300 Advance Rent • Less common: charged by 15% of institutions at an average of £304.92
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What Accommodation Costs: by Region Average rent per room (institutions)
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2008-09
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What Accommodation Costs: by Region
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Average rent per room (nominations)
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What Accommodation Costs: by Region Average rent per room (nominations) 140 120 100 80 60 40 20 0
2006-07 2008-09
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What Accommodation Costs: by Region Average rent per room (nominations)
140 120 100 80 60 40 20 0
The future of student accommodation • Can rents continue to rise – early signs of resistance? • What is it that students actually want? – Value for money – Choice – Ensuite – CUBO research suggests that students do favour ensuite accommodation but also willing to share or opt for lower-spec accommodation to reduce costs
The future of student accommodation • • • •
More nomination agreements? More lower-cost alternatives? Short-term lets More diversity in provision?
Recommendations • Strategic development and planning – Accommodation should include a range of costs, specifications, types – Students should be consulted on what they want from their housing
• Student support – Costs of accommodation should factor in what students are receiving
• Transparency – All costs should be clear and up front
• Sustainability – Students need to be able to see what they are using – EPCs should be available for all tenants
The future of student accommodation • Can rents continue to rise – early signs of resistance? • What is it that students actually want? – Value for money – Choice – Ensuite – CUBO research suggests that students do favour ensuite accommodation but also willing to share or opt for lower-spec accommodation to reduce costs
Thanks for listening • Hope this data will prove useful to all those interested in the sector, and in student housing more broadly • If you have any questions about the report, please ask us now, or feel free to contact us on: • Ben.whittaker@nus.org.uk • Sarah.wayman@nus.org.uk • Scott.blakeway@unipol.org.uk