BOSSES of a student digs firm are homing in on a fortune - as cash-strapped freshers struggle to put a roof over their heads.
Unite Students, which owns 157 properties, has hiked rents by 7% year on year, meaning undergrads will have to find around £88 extra each month.
The move has forced many to turn down places or opt for cheaper lodgings miles from campus.
Meanwhile, chief executive Richard Smith lives in a £1.2million country pad near Bath and netted £870,000 last year. And chief financial officer Joseph Lister owns a £1.3million Wiltshire farmhouse.
This story is from the September 03, 2023 edition of The Sunday Mirror.
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This story is from the September 03, 2023 edition of The Sunday Mirror.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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