- United Trust Bank has launched a new lending range targeting experienced developers in the Purpose-Built Student Accommodation (PBSA) sector across England and Wales, offering loans from £7.5m to £35m with terms up to 60 months covering acquisition to long-term investment.
- The facilities support new-build, conversion, and refurbishment projects with up to 65% loan to gross development value and 85% loan to cost, including consideration for project phasing and planning gain.
- UTB strengthened its living sector team earlier this year by appointing Andy Thomson as senior director – operational real estate, working with head of product Ben Jenkinson to expand finance solutions across PBSA, Build to Rent, and Co-Living schemes.
UTB Introduces Lending Solutions for Student Housing Developers
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