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  • Student Accommodation

    Bath council PBSA business rates possibility

    Presumably this means all university accomodation will be subject to Business Rates?

    If so I am sure the university would have something to say.

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    Rural Practice Chartered Surveyor. Experienced in estate management, residential investments, planning and development and rights for utility apparatus. All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.

    Net result would be far fewer Uni attendees - at least from UK - though it could still allow wealthy foreign students to be housed at higher cost.

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    This is possible, but I would be interested in the technicality of whether University accommodation would be subject to rates or not. In simple terms it would obviously be a cost to them. However, educational institutions may well be exempt from business rates, but this is not an area I have any knowledge on. If they are not, they would surely have something to say here.

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    Rural Practice Chartered Surveyor. Experienced in estate management, residential investments, planning and development and rights for utility apparatus. All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.

    PBSAs are mostly operated by third party companies now with little Uni input. A lot of Uni's have basically farmed out their accommodation to these companies.

    PBSAs have 'bubble' written all over them. Pre-millenium they didn't exist, now there are hundreds of them, yet their un-taxed. How long can Govt/councils ignore that when they're looking to tax everything that they can?


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    This is true but I also think a lot of educational institutions have a lot of their own accommodation still.

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    Rural Practice Chartered Surveyor. Experienced in estate management, residential investments, planning and development and rights for utility apparatus. All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.

    Scroll through sturent.com/news and you will be amazed at how much 3rd party PBSA has gone up in the last 5 years, most of it not owned by Unis.

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    I agree, it's just I think the University will still have a voice on this.

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    Rural Practice Chartered Surveyor. Experienced in estate management, residential investments, planning and development and rights for utility apparatus. All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.

    Yes Unis still need students to survive - so anything that dissuades students (higher housing costs) negatively impacts Unis

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    The point I am trying to make is that Bath University (or other universities) may be DIRECTLY impacted with a rates bill if for example, some or a significant proportion of their accommodation is still owned in-hand (quite likely, especially on campuses) and if they are not exempted.

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    Rural Practice Chartered Surveyor. Experienced in estate management, residential investments, planning and development and rights for utility apparatus. All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.