Parents Act To Combat Student Debt In BristolWith the cost of student living rising every year, many parents are opting to buy properties for their children, reducing the amount of debt they will be left with at the end of their studies.
By: Empica Named as the best place to live in the UK* and home to two popular and thriving universities and a student population of 47,000, Bristol is fast becoming a property hotspot for parents in this situation. In buying their own property, parents are able to secure higher quality accommodation for their offspring and maintain some control over living arrangements. Buying property is also an investment especially within an up-and-coming city like Bristol. As Bristol’s city centre continues to be transformed, a number of developments have become attractive propositions for parents looking to buy. This includes Crest Nicholson’s Harbourside development which is ideally located and in close proximity to both university campuses. In the heart of Bristol’s cosmopolitan waterfront there are numerous bars, restaurants and shops within walking distance. Vicky Dudbridge from selling agent King Sturge said: “More and more people are realising that pouring rent into student accommodation isn’t always the best option. By purchasing a property of their own, people can ensure safe and secure living quarters for their children and perhaps even make some money. “If the property has more than one bedroom, friends can be brought in to help with the repayments and the value of the property could rise by the time studying ends. “One of the most sought after locations in the city, Harbourside is ideal for parents and their children; the apartments are stylish and modern but very reasonably priced.” Current availability includes a number of one-bedroom apartments in the Tiller phase of The Crescent priced at £189,995. The apartments are ideal for those who are perhaps considering buying on behalf of their children and with Crest’s current offer to pay 5% of the deposit the sales team believes there will never be a better opportunity to buy at the development. For further information on apartments for sale please call 0117 908 8888 or visit http://www.harbourside.co.uk . Alternatively please visit the marketing suite on Cathedral Walk which is open daily from 10am to 5pm. * onepoll.com October 2009 # # # Bristol is the eighth largest city in England and the economic capital of the South West. Proudly positioned on the Canons Marsh, Harbourside stands in the heart of this dynamic and prosperous city. This mixed use residential and commercial development in Bristol combines stylish residential property with bars, restaurants, leisure facilities and office space, all a barge pole’s width from each other. Release issued by Empica - http://www.empica.co.uk End
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