In our latest podcast, our host Amber Furr, sat down with Richard Cullum, Country Director, UK at BE Education to discuss the synergy between education and property.
Who are BE Education?
With over two decades experience supporting international families as they navigate the UK’s schools and university systems, BE Education is a market leader in their industry. Throughout the podcast, Richard explained BE Education’s fully bespoke offering, in which they create a tailored roadmap for each student, with particular interest from Middle Eastern and Asian families into the UK.
Why do so many Middle Eastern and Asian families choose the UK?
- UK’s academic excellence, with top-ranking universities consistently remaining some of the most acclaimed across the globe, such as The University of Manchester and The University of Birmingham.
- Cities such as Manchester and Birmingham also boast incredibly high graduate retention rates, both circa 50%
- Both Manchester and Birmingham also feature an abundance of career opportunities, with major global businesses basing themselves in the city.
- Manchester boasts 80% of the FTSE 100 companies within the city
- Birmingham features major blue-chip employers, including PwC, Deloitte, EY and HSBC.
What is the synergy between UK property investment and education?
- Families buy a property for their children to stay in outside of term time, as a secure base
- Multi-bedroom apartments, such as the two or three-beds in Vita Living Circle Square, Manchester, are also particularly popular, as they offer increased flexibility for parents to comfortably visit, accommodate siblings and also provide a dedicated study space.
- Strong financial rationale in investing in a UK property for your child to live in whilst studying in the UK.
- Rather than paying a rental fee for 3-4 years, longer if the child stays post-graduation, you can purchase the property and instead, the monthly payments will contribute to your equity in the apartment.
- If the student then decides to move elsewhere, the property can remain in the family, either for future siblings also wishing to study overseas, or to be rented out – providing a consistent income.
Property investment in Manchester and Birmingham
- The top UK cities for property investment have been revealed as Manchester and Birmingham by JLL.
- Both cities are set to see an 18.8% increase in rental growth over the next five years
- Birmingham predicted 24% sales price growth 2025-29
- Manchester forecast 22.2% sales price growth 2025-29
- Birmingham and Manchester have also been ranked as the leading university cities for employers seeking graduates, reaffirming the strong employability of these students and the thriving job markets.
Investment Insights Podcast with Select Property
Take a look at our other podcasts, to hear more valuable investor insights from industry leaders. Our experienced team can assist you in your UK property search, with our global teams working with a large international investor community. Contact us for more information.