UCAS figures reveal encouraging signs for student property investors

UCAS figures reveal encouraging signs for student property investors

New figures from the Universities and Colleges Admissions Service (UCAS) have revealed that higher education acceptance rates in the UK have increased, with students from both home and overseas gravitating towards the UK’s renowned universities and colleges. This bodes well for investors in UK student property who stand to gain from the high demand for high quality purpose-built student accommodation (PBSA).

The UCAS End of Cycle Report 2018 showed that the higher education acceptance rate had increased by 0.4% percentage points in 2018 to 76.7%. This is the highest figure recorded since 2008.

UCAS have also published figures for full-time undergraduate applications in the UK for courses starting in September 2019. These figures reveal that 561,420 would-be students have applied for places – up 2,500 from the previous year.

Other encouraging signs are that 38.8% of England’s 18-year-old population have applied for university and college courses – up 1.4% from 2018. And a record 63,690 people from outside the EU have also applied to study in UK – up 9% from the previous year. Despite Brexit, even figures from applicants within the EU have gone up slightly – rising by 1% to 43,890.

Commenting on the figures, Clare Marchant, CEO of UCAS, said: “In this time of uncertainty, it’s welcome news to see more EU and international students wanting to come and study in the UK.”