Summary:
- Shawbrook has introduced a dedicated PBSA finance proposition offering loans from £500,000 to £35 million, with interest rates starting at 5.99%, up to 75% LTV, and terms up to 25 years, targeting experienced landlords in the student accommodation sector.
- Transactions above £2.5 million will be managed by Shawbrook’s structured real estate team to address the specialised financing needs of larger PBSA developments and investments.
- The launch aligns with strong investor demand for high-quality student accommodation, supported by a £2.1 billion investment in PBSA in Q1 2024, the highest quarterly total in a decade, driven by evolving student expectations and supply modernisation in key UK university cities.
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