80% Buy For University
Students can enjoy the security of owning their own home and rent rooms to contribute to the mortgage while they study. When assessing an application, we use the expected rental income as well as the parental income, which means we can lend more than with a typical mortgage. The mortgage itself will be on a Joint Borrower Sole Proprietor basis, which allows the student to add a parent to the application without including them on the property deeds. Take advantage of this discounted rate on a five year mortgage. The minimum deposit you need at this rate is 20%.