These are available for new builds, conversions and refurbishments across England and Wales.

Commitment terms, for loans from £7.5m to £35m, can range up to 60 months to support project phases including acquisition, development, stabilisation and the wider investment period.

The 60-month terms can include a maximum 30-month development term.

These loans are available up to 65% LTGDV and 85% LTC.

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“The UK PBSA sector presents exciting opportunities to developers and for UTB in supporting schemes which will help to address the shortage of good quality student accommodation,” said Adam Bovingdon, head of property development at UTB (pictured above).

“We look forward to supporting experienced developers and operators from initial land or building acquisition, through construction, and stabilisation and into a long-term interest-only investment loan.

“This end-to-end solution simplifies the finances for PBSA developers, enabling them to concentrate on delivering successful schemes, without the need to switch lenders.”