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Some parents feel purchasing a property is a much better option for their children studying at School of Oriental and African Studies, as they can benefit from capital growth over time. This equity could then either serve as a pension or used to purchase additional properties for other children.
Indeed, buying a property as an investment is a clever way of avoiding potentially costly rental costs and also serves as a long-term investment strategy.
If you have equity in your family home that you could release through remortgaging, or you have enough savings for a deposit, then investing in a property while your children study at School of Oriental and African Studies may be for you.
Foxtons has a specialist property investments department who can advise on the best strategies for investing in student accommodation.