Capitalise on the increasing demand* for student accommodation with support from Cambridge & Counties Bank.
Research shows that by 2026, there will be 2.2 million students needing accommodation in either Purpose Built Student Accommodation (PBSA) or Houses of Multiple Occupation (HMO), an increase of almost 39% since 2021*.
As this demand increases, there’s a great opportunity for professional landlords to help meet the needs of the UK’s student population and grow their portfolios.
At Cambridge & Counties Bank, we’re proud to provide a suite of products for student accommodation through tailored finance solutions for HMO or PBSA portfolios alike.
The benefits of borrowing from us:
A suite of loans for student accommodation lending
Sector coverage across HMO and PBSA
Manual underwriting and experienced BDMs
Fixed and variable rate options available (depending on the term)
Key features
- Fixed and variable rate options available (depending on the term)
- No valuation fee payable until the loan is approved
- No restriction on property numbers
- Equity release for purchase and refinance
- Investment based valuations apply to properties with appropriate planning
- Limited company lending or individual name(s)
- HMO with single or multiple tenancy agreement
Key features
- Fixed and variable rate options available (depending on the term)
- No valuation fee payment until the loan is approved
- Equity release for purchase and refinance
- No restriction on property numbers
Lending criteria
| HMO | PBSA |
|---|---|
| Up to 70% LTV of open market value or 80% of vacant possession value | Up to 75% LTV of open market value |
Interest only options available | |
Minimum loan £250k in England and Wales | |
Minimum loan £500k in Scotland | |
Term: 12 months to 30 years for residential dwellings | |
Personal guarantees requested from business owners/directors but are not | |
Corporate borrowers must be registered in the UK or Crown dependencies | |
For borrowing in personal name(s), individual must be a UK resident | |
Secured by way of a first legal charge on a property located in England, Scotland or Wales | |
Exceptional service
Whether it’s HMO or PBSA funding, you can rely on us to provide you with the best customer service and support. Our bank is built on understanding, and our team will take the time to understand individual needs before identifying and securing a deal that suits.
Our expert team is ready to help find the right funding solution. Get in touch with us today by phone or email for more information or complete the contact form below.
To find out more about our Student Property Finance, get in touch with a specialist today.
