The lender is currently funding the delivery of more than 7,350 homes annually across the UK.

34 % of investors plan to exit student housing and HMOs entirely in 2025, up from 22 % last year.

London has approved more than 26,000 student bedrooms since 2021, equivalent to over 10,500 conventional homes in housing need terms.

Nearly two-thirds (65%) of first-time university applicants say housing availability affects where they apply.

17,802 new student beds are due by the 2025/26 academic year.

The development is expected to achieve a gross development value of £12.2 million.

The number of HMOs in the UK has dropped by 9.5% since 2018.

Commercial property capital rose by 0.3% in March 2025, with rental values increasing by 0.4%.

Valuations for the transaction were undertaken by JLL, and legal due diligence was provided by Clarion.

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.