Rent reductions for students extended by country’s largest provider

4 February 2021 | Renting

Rent reductions for students extended by country’s largest provider

Unite Students, the UK’s largest manager and developer of purpose-built accommodation for the student sector, is extending its 50 per cent rent discount until March 8.

Eligible students who pay their rent directly to Unite Students, and who successfully applied for the original rent discount announced on January 11, will now receive the additional 50 per cent reduction automatically, providing they have not returned to their Unite accommodation since January 18.

The three-week rent discount extension is being announced in light of the continuation of lockdown restrictions to at least March 8, according to the Prime Minister. 

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In addition, the four-week complimentary summer tenancy discount announced by Unite Students on January 11 is still applicable to students with a contract end date prior to August 1.

A statement from the provider says it recognises that students are having a challenging time during the national lockdowns. However, all its UK properties remain open and operational with current occupancy at approximately 50 per cent.

The statement adds that like any private landlord, all Unite Students’ customers signed binding assured short-term lease agreements. 

“However, Unite Students recognises the continuation of these exceptional circumstances” the firm says, adding: “Should further government guidelines on lockdowns be issued prior to March 8 a further review will be carried out.”

Chief executive Richard Smith comments: “All our properties remain open for the tens of thousands of students who are still living in their accommodation, with our staff on hand to help. Our focus is on keeping all our students and our staff safe across all our properties. We also continue to work closely with our university partners and will review any material changes in government guidance on universities remaining open.”

This post has originally been featured in Letting Agent Today.