With A-level results now out, Bryant Homes has set up a website for parents looking to invest in a property for their child whilst at university and enjoy a substantial return when they sell. Visitors to bryant.co.uk/parentplus will be able to search all Bryant’s new homes developments in close proximity to universities all over the country.

Buying property for children at university remains a good investment for parents with key university towns such as Manchester, Nottingham, Durham, Bristol and Warwick expected to provide up to a 16.5% yield over a 3 year period.*

By investing in a property, parents can actually finance their child at university and still make a profit when they sell the property 3 years later. Students will pay an average of £60 per week for rent this year, an increase of 7% on last year, according to recent figures published. And university owned accommodation won’t be cheaper, as average prices hit £82 per week, a rise of 23% in the last two years.**

Based on a four bedroom property with a £200,000 mortgage, parents can expect to recover in rent enough to pay their child’s university fees throughout their 3 years at university and still make a substantial profit when they sell.***

Kevin Belsham, Sales and Marketing Director for Taylor Wimpey, Bryant Homes' parent company, comments: “We understand the challenges parents with children going to university face, which is why we have launched bryant.co.uk/parentplus. The website aims to provide parents with all the information they need regarding buying a new home near their child’s university.

“We are seeing an increasing number of parents recognising the advantages of investing in a second property for their child to live in at university. As well as saving thousands of pounds in rent and providing long term return on investment, parents will know their children are living somewhere safe. New homes also offer a number of other benefits as they are low maintenance, come with modern, brand new appliances and promote lower monthly bills due to high energy efficiency ratings.”

Case Study

19-year-old Jamie Lynch’s father Paul was looking to invest in a property to help support the family in later life. Mr Lynch was interested in property close to the University of Kent in Canterbury, where Jamie and her 19-year-old boyfriend Simon Higgins attended, so they could both move out of halls and live together in the comfort of a new home.

Jamie said: “My father saw it as the perfect opportunity to invest money in a property in an up-and-coming area, while providing a safe home for Simon and I while we are at university. It made perfect sense.”

Mr Lynch said: “It is always daunting when your child leaves home for the first time to go to university and you always have concerns in the back of your mind that everything is going to be okay while they are away.

“So investing in a property near to where the university is suits both of us. I have the comfort of knowing Jamie is stopping in a comfortable, up-market home in a nice area and I am able to invest in a high quality property in Canterbury, which I am confident will rewards in the future. This is an excellent move not only for Jamie but also for me.”

For further information on Bryant developments near universities, type in the University city name in the search box on the left hand side of the screen and talk to the Homes Consultant on the development.

*Landlord mortgages

**Report carried out by student homes website, Accommodation for Students

***Based on current Bank of England interest rates

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