In recent years, there has been a significant shift of focus towards student accommodation development projects, due largely to the high demand and significant profits that can be achieved. At LDNfinance, our development finance brokers can liaise with our preferred panel of lenders to offer debt and equity finance solutions to developers in the student accommodation sector.
We work with developers across the country to secure flexible funding options at high leverages, helping them to kick-start and complete high-value student accommodation developments in close proximity to some of the UK’s most popular universities and higher education colleges.
Due to the strength of the sector we can source funding for projects in most university towns as long as it is well located, the profit levels are sufficient and demand for the student accommodation is strong. As of 2018, the ‘Russell Group’ now contains 24 universities, including institutions in London, Cambridge, Manchester, Leeds, Bristol and many other leading cities. If you are planning a development in any of these 24 locations, you are likely to be able to secure a very competitive rate available within the market.
Dedicated support for student accommodation development finance applications
Your nominated LDNfinance broker will be well-versed in preparing and presenting applications for student accommodation development finance to prospective lenders. They will have a proven track record in securing funding at the most appropriate leverages and will be able to work with you to prepare and finalise all of the necessary paperwork to help lenders assess the viability of your project.
Our panel of specialist and private lenders generally require a thorough development appraisal, outlining total purchase costs, build costs and project timescales, as well as the details of the developers carrying out the build. Developers should also provide a CV of their past experience, including similar completed projects. Your LDNfinance broker will also work with you to agree upon a planned exit for prospective lenders, either through a sale or refinance opportunity.
Let’s discuss your next exciting student accommodation development opportunity and arrange a bespoke finance solution that works on your terms.