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Where to Invest

According to a major bank, Landlords with properties in University towns may increase their property value more than elsewhere.

Research shows that the majority of cities that have major educational facilities have seen increased house prices.

To put this into figures, more than 60 percent of university based towns saw house price growth outperform their region in the last five years.

However, for some of the UK’s most popular university towns there were more mixed results.

London, Glasgow and Edinburgh recorded only slight house price rises despite expansion of their student population.

Housing Economist for LLoyds TSB, Nitesh Patel, said: “Growing student numbers have had a big impact in boosting house prices in some university towns, where the increase in demand has led to the local market outperforming the rest of the region. However, it’s a very mixed picture for some of UK’s largest university towns that have seen student population increase significantly without impacting on house prices.

“In the past five years population across the university towns in UK has increased by nearly a million students. Naturally, this has boosted demand for property and land to provide suitable accommodation for students."

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Added By: gbressington on 06th Sep 2010 at 12:38
Number of Views: 120

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