SECURING
QUESTION: Did you need to increase your planned budget to secure your property / room?
ACCOMMODATION
QUESTION: Were there any strategies you used to try to secure a property / room? Did they work?
58% 42%
“Before securing the property we live in now, my friends and I were having really bad luck. No matter how quickly we replied to ads or how well we presented ourselves at viewings, we didn’t have a chance without engaging in the bidding wars agents were encouraging. We started over-offering on cheaper rentals because of the ‘bidding war’ situation, and even then were always outbid. In one instance, the advertised rent of a flat in Stratford was £1900 per calendar month, and we offered £2300 as our most competitive offer (the uppermost end of our budget). We were outbid by a group who offered £2500 per calendar month for the two year contract. This was obviously incredibly demoralising!” − CSM Home student renting in a private house or flat
Yes
No
Diagram 5: Did you need to increase your planned budget to secure your property / room?