If your children are going to university in October (doesn't everyone go to university now?) and you can afford it, you might be thinking of buying some accommodation for them to live in and let out to their pals, writes David Lawrenson.

These days, and despite the absence of grants, some students have higher expectations of their accommodation than students from a few years back.

Some have parents that are so well off they can even buy them accommodation to live in while they are students and even get a good buy to let investment into the bargain.

However, there are tax issues you will need to consider that will influence the best way to own it.

Accommodation Costs