Published: 10th May 2019

A student housing co-op in Brighton has been awarded £65,000 to develop affordable student accommodation in the town. SEASALT Housing Co-operative Ltd will work with Brighton & Hove Community Land Trust (BHCLT) to develop the project, which will initially house 18 students and young people paying affordable rents. All co-operative members are tenants and all tenants are members of the co-operative. Residents will be able to stay for one additional year after graduation to ensure skills and knowledge are transferred across generations of students, and to support their transitions to post-university life. Rents have risen sharply across the UK for students in recent years, and it’s estimated that between 2015 and 2017 over 500 students in Brighton ended up sofa-surfing or being put up in hotels until they could find affordable accommodation. There are already successful student housing co-operatives in Edinburgh, Sheffield and Birmingham. On average, 10% of the European … (To read the full article, subscribe below)