Current Trends & Future Developments in the Student Housing Market - Nottingham

A meeting hosted by Unipol Student Homes & Nottingham Action Group (U-NAG) was held in Nottingham on 21st February 2019.

A number of speakers contribuated to the meeting including representatives from Unipol, Nottingham City Coucil Planning department, Nottingham Trent University & Nottingham University. 

Unipol and Nottigham Action Group have had a working relationship for the last 10 years, working city wide with students and local residents alike. 

Unipol's Accommodation Cost Survey 2018 has now been completed and showed a 6.1% rise in Purpose Built Student Accommodation (PBSA) rent levels.

Upcoming developments equal 1,429 bed spaces that will not meet the planned expansion in students numbers from the two universities. By 2020-2021 3,000 additional bed spaces will be required (excluding post graduates).

40-50% of applications coming through planning are for PBSA developments. There are currently 59,500 ful time students currently enrolled at both Universities, around 70% will require accommodation in the city, students make up 12% of the total population of the city

Undergraduate applications for Nottingham Trent University are up by 11%, applications from overseas students are up by 9%, with high quality applicants.