Telegraph: Property: Buying flats for children at university

Cherie Blair has done it several times over. Many others are turning to it. And foreign parents sending children to British universities are only too keen to jump on the bandwagon. Buying a property for your student child at university has become one of the smartest moves. As the Nationwide announced recently that house prices have dipped again, there may be more price reductions ahead and parents may take advantage. Recent research by Savills looking at the top 21 universities shows that prices are lowest in Leicester, Lancaster and Loughborough for flats, and lowest in Durham, Birmingham and Nottingham for terrace houses. Oxford, Bristol and Cambridge are the most expensive. But these are also cities that may see the greatest price growth in the years ahead.