PIC Invests in Exeter Student Accommodation
16th Jan 2019
The Residential Landlords Association (RLA) has written an open letter responding to a consultation on the supplementary planning guidance for student accommodation in Cardiff.
The consultation was run by Cardiff City Council and sought the views of landlords on a range of new planning measures in relation to purpose-built student accommodation (PBSA).
Among the points raised, the response from the RLA cited concerns over the number of PBSA developments being built and questions whether there is enough demand to meet the proposed increase in provision. They also fear the take up of PBSA could be compromised by "international socio-economic phenomena such as the UK Withdrawal of the European Union".
The RLA did offer its support in recognising the City of Cardiff as a world class European Capital City and any policy that maintains the character and sustainability of the city.
However, the organisation noted that developers of PBSA do not appear to have to adhere to affordable housing contributions and have requested greater clarity over their contribution towards S106 monies.
The draft version of the Student Accommodation Supplementary Planning Guidance can be found via the Cardiff Council website.
16th Jan 2019
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