The one bedroom flat was listed at almost £900 a month to rent
By Sarah Campbell & Sarah WardA one-bed flat in Glasgow costing nearly £900pcm was inundated with 500 applicants from students in less than 24 hours - as the letting agent blasted"unethical" unis.
The company have a 'no gazumping' policy meaning parents can't use financial leverage to help their kids, as all applications are shown to the landlord to make a decision - although one mum offered to pay six months' rent at a rate of £1,100.Chief executive John O'Malley, 49, said the situation was a"crisis" and was the worst this year it had ever been - and that staff were regularly taking phone calls from crying students fearing they would be homeless.
Mr O'Malley said Scottish Government policies treated all landlords like rogue landlords and people were withdrawing homes from the market as a result, meaning there was 40 per cent less housing stock available to tenants.