How has the pandemic affected the student rental market?
To help you provide valuable insights to your BTL clients, we’re bringing you the latest findings on the student rental market, from our sister company The Deposit Protection Service (The DPS).
The ongoing debate surrounding this year’s A Level, and the impact of the pandemic itself, is creating some interesting trends in the private rental sector. In this article, we explore the latest data from The DPS to see how the pandemic is affecting the market and to consider whether there will be longer-term changes to this important part of the rental sector.
Student lets covered from A to Zephyr
Our broad lending criteria could make us the right choice for many student landlords, with product options designed for:
- HMOs (to 6 bedrooms) and MUFBs (up to 6 units) maximum loan amount available £1.5m up to 70% and £1m up to 75% LTV;
- New Builds and flats that are above/adjacent to commercial properties maximum loan amount available £750k up to 75% LTV.
Keep doing your homework
In these changing times, it’s important to find the most up-to-date information available for your landlord clients; and we’ll continue to bring you regular updates to help you to provide answers to any complex questions you and your clients have.
Get in touch with our expert BDM team, call 0370 707 1894
Note: Like Zephyr, The DPS is part of Computershare Loan Services, a business which in the UK manages around £41bn of residential and buy to let mortgages. Launching in 2007, The DPS is the original Government approved custodial deposit protection scheme. With over 1.75 million deposits under management, the DPS protects more deposits than any other UK scheme – and this huge footprint means we can access a vast amount of useful data about the rental market.
