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James is right, of course.

I suppose the critical bit of info (unless I missed it!) is how big is the proposed property purchase? If it's two bedrooms and the market rate, as DO infers, is the same or indeed less than an equivalent property, then I also can'[t see what their hang-up is. However, if DO's property purchase is one that is above spec for the average student rental (because he doesn't want to see his daughter living in a doss-house, naturally enough), or has three plus bedrooms then the other girl's parents may well have cause to query the amount they would have to pay - as HoR or a less attractive rental might cost them less.

Brian - while I don't disagree with you re purchasing property for one's offspring while they are at Uni, the opposing view does have a basis of logic. Many university towns have now priced first time buyers out of the local market, (in the same way that coastal or other popular holiday locations have with second holiday home buyers) and it is becoming increasingly difficult for those on lower incomes to make that all important first time buy, because wealthy students are buying to let/invest.

<blockquote data-quote="Songsheet" data-source="post: 2087707" data-attributes="member: 64941">James is right, of course. I suppose the critical bit of info (unless I missed it!) is how big is the proposed property purchase? If it&#039;s two bedrooms and the market rate, as DO infers, is the same or indeed less than an equivalent property, then I also can&#039;[t see what their hang-up is. However, if DO&#039;s property purchase is one that is above spec for the average student rental (because he doesn&#039;t want to see his daughter living in a doss-house, naturally enough), or has three plus bedrooms then the other girl&#039;s parents may well have cause to query the amount they would have to pay - as HoR or a less attractive rental might cost them less.Brian - while I don&#039;t disagree with you re purchasing property for one&#039;s offspring while they are at Uni, the opposing view does have a basis of logic. Many university towns have now priced first time buyers out of the local market, (in the same way that coastal or other popular holiday locations have with second holiday home buyers) and it is becoming increasingly difficult for those on lower incomes to make that all important first time buy, because wealthy students are buying to let/invest.</blockquote>

[QUOTE="Songsheet, post: 2087707, member: 64941"] James is right, of course. I suppose the critical bit of info (unless I missed it!) is how big is the proposed property purchase? If it's two bedrooms and the market rate, as DO infers, is the same or indeed less than an equivalent property, then I also can'[t see what their hang-up is. However, if DO's property purchase is one that is above spec for the average student rental (because he doesn't want to see his daughter living in a doss-house, naturally enough), or has three plus bedrooms then the other girl's parents may well have cause to query the amount they would have to pay - as HoR or a less attractive rental might cost them less. Brian - while I don't disagree with you re purchasing property for one's offspring while they are at Uni, the opposing view does have a basis of logic. Many university towns have now priced first time buyers out of the local market, (in the same way that coastal or other popular holiday locations have with second holiday home buyers) and it is becoming increasingly difficult for those on lower incomes to make that all important first time buy, because wealthy students are buying to let/invest. [/QUOTE]

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