Editor's note: This brief was summarised by The Property AI Team from a report by Landlord Today. Read the original article for full details.
Shawbrook Launches Specialist Funding for Student Accommodation Investors
Shawbrook has introduced a dedicated Purpose-Built Student Accommodation (PBSA) proposition. The bank states this move is in response to growing investor demand for specialist finance in the sector.
According to Landlord Today, Shawbrook has already completed several PBSA transactions and is now offering dedicated pricing and criteria for experienced landlords operating in this area.
This development may be relevant for UK letting agents and inventory clerks working with landlords who are expanding into the student accommodation market.
Source: Landlord Today