Student lets - typically HMOs let on joint academic-year tenancies - are assessed by lenders on the rental income, often with an understanding of the academic cycle and void periods. We match you to lenders comfortable with student HMOs and their specific rental evidence.
Rental assessment for student lets
Lenders usually assess on the rent achievable across all rooms (per-room rental) or the property's overall AST. We present the strongest rental evidence - signed tenancies or local per-room comparables - to maximise the figure.
- Per-room rental assessment where favourable
- Signed academic-year tenancies as evidence
- Local comparable rents for vacant properties
HMO licensing
Student HMOs often require licensing (mandatory for 5+ occupants from 2+ households). Lenders need to see the licence or confirmation it's not required. We coordinate the evidence.
- Mandatory HMO licensing for 5+ occupants
- Licence evidence coordinated for the lender
- Additional licensing schemes checked
