Students in England, Wales and Northern Ireland have received their A-level exam results, and many will now be looking forward to starting the next phase of their lives at university or college.
UCAS released figures showing new records in acceptance rates, which is good news for those who have invested in purpose-built student accommodation.
The UCAS figures revealed that, in England, a record 27.9 per cent of the 18-year-old population have been accepted for university and college places through the admissions service.
Wales also witnessed a new high of 26.3 per cent of young people getting confirmation of their undergraduate place, while Northern Ireland’s entry rate is 28.1 per cent.
In Scotland, where secondary school leavers received their exam results a week earlier, nearly 26 per cent of all 18-year-olds were granted a place on their chosen higher education course.
Looking at the international picture, the figures showed that a record 31,510 students from outside the EU will be coming to study in the UK this autumn – four per cent more than last year.
The number of students from EU nations has risen by one per cent to 26,400.
Clare Marchant, UCAS chief executive, said: “The encouraging growth in international students choosing to study in the UK is testament to the welcome of our world-class universities.”
She also described an increase in the proportion of young people from disadvantaged backgrounds getting a university or college place as “excellent news”.
Encouraging for investors
These figures underline the ongoing appeal of higher education in the UK, which is a positive trend for investors with a stake in the student accommodation market.
A strong flow of undergraduates entering universities and colleges every year helps to support demand for purpose-built accommodation, particularly among international students who want the reassurance of a designated room close to their campus.
Experience Invest is currently offering a number of options for people keen to enter this lucrative and growing market. Aura Student Liverpool and Opto Student Newcastle, for example, offer strong prospects for rental yields and capital growth in two of northern England’s thriving student hotspots.