Welsh Student Property - Next Property BOOM

STUDENT property is predicted to be the next boom in the property market, according to a residential consultant.

With applicants to Welsh university rising this year - in contrast to England - it seems the property market will also see growth as a result.

Speculators who may have been put off buying a second home to rent out because of the dip in the property market may be tempted to invest instead in student lets rather than family homes.

University of Wales, Newport, has seen a 12% rise in applicants, as has the University of Glamorgan while University of Wales, Swansea, has had an increase of more than 9%.

Welsh universities will be able to charge top-up fees of up to £3,000 from 2007, as in England.

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