
Purpose-Built Student Accommodation
| Infosheet
As the Renters’ Rights Bill moves closer to becoming law, an important amendment could significantly impact the student rental market. Purpose-Built Student Accommodation (PBSA) may be exempt from some of the upcoming reforms, including the end of fixed-term tenancies and the abolition of Section 21 notices, provided that operators are signed up to an approved code of practice.
This change could encourage more landlords to switch to PBSA models, create opportunities for restructuring rental portfolios, and help avoid unintended consequences that may arise from the new legislation. The differences between PBSA contracts and traditional Assured Shorthold Tenancies (ASTs) are substantial, affecting tenancy lengths, eviction procedures, tenant rights, and rent structures.
Given the crucial role student lets play within the broader rental ecosystem, it is essential for landlords and agents to stay informed and ahead of these changes. To help with this, we have prepared a detailed infosheet that explains what PBSA entails, the implications of the amendment, and how landlords and agents can ensure compliance while protecting their businesses.
Download today!