The latest deal builds upon the lender's strong track record in PBSA funding across the UK, with a growing portfolio of projects in key university cities.
The loan backs the joint venture between Valpre Capital and CKC Properties and will be used to acquire the landmark purpose-built student accommodation site.
Higher numbers of first-time landlords in northern regions are likely due to a combination of lower property prices and higher rents, according to new analysis.
A vast majority of respondents to a new survey believe that the current government has ignored homebuyers and the issues they face in today's property market.
The new platform also acts as a free to use portal, providing another space to advertise in addition to the existing portals within the rental market space today.