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Contributions for construction of the student estate in Britain more expensive

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Real estate builders in the UK who are trying to profit from market student accommodation in the UK would face additional costs associated with the introduction of additional contributions in the next year.

Contributions for the builders do not have a rate established by the Federal legislation and governed by local regulations. At the student hostel in General has high rates of assessment in all cities, due to the high popularity of hostels.

Today you can still consult about the contribution rate, but in 2014 will not be able to change the value of the bet.

The UK has a world renowned reputation for quality education and , despite the increase in tuition fees, the number of students enrolled in training, not reduced. Recent studies have even shown an increase in applications for training. ( So, in 2012 the number of students enrolled in higher education institutions in the UK increased by 2.7%) In many cities of the UK is still a shortage of student dormitories to meet the continuing demand. But restrictive for builders will not be able to reduce the deficit in the market of student housing, which, consequently, will increase the pressure on the private rental sector.

 

Here are some examples of how to change the cost of builders in obtaining permits for the construction of student housing . For example, in London in the borough of Southwark, was presented to 150 studios in 2012, the permission of which cost the builders £505000 or £3366 for one bedroom. Now, in accordance with the new rules, the resolution for these objects will cost £1612000 or £10746 one bedroom.

In Oxford permission to build 141 Studio in the district of St Clement in 2012 was worth £122000, or £865 for a Studio Now – this cost increases to £ 424200 that is £ 3008 per bedroom.

In Bristol to get permission to build 442 studios student housing in the area IceRink, the fee for a permit was £572617, £1296 for one Studio-bedroom. Now, you need to pay £2883 per bedroom for a total of £1041700.

 

® Maxim Savitsky 30.07.2013

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