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Leicester PBSA Scheme 

University of Leicester campus

Case Overview

This 135 bed PBSA scheme offered students contemporary accommodation, with a mix of studio's and cluster apartments, within walking distance of De Montford University and in the heart of Leicester city centre.  

 

The client, a prolific PBSA developer, was looking to secure a stretch senior debt facility in order to free up equity for another scheme.  MontpelierPF secured a £5.9m stretch senior facility against a GDV of £8.5m (68% LTGDV) and at 78% LTC.  

Montpelier Private Finance has a deep understanding of the UK & Ireland student accommodation market, and works with a wide range of funding partners.  Contact us here for more information.

PBSA Funding Solutions

  • Funding available for both direct lets and nomination agreements

  • Preferred terms for Russell Group locations

  • Standard construction and modular propositions welcome

  • 90% LTC stretched senior debt funding / 75% Loan to Gross Development Value (LTGDV) (lower there of); keeping the transaction a pure debt proposition, rather than give away equity/profit share

  • Mezzanine finance up to 75% LTGDV

  • Hybrid mezzanine/equity finance for higher LTC's

  • Joint venture/equity to sit on top of senior debt

  • Commercial term exit lending for completed schemes

  • No maximum loan

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Why Montpelier Private Finance?

Independent

Our independence means that we are on your side throughout the whole process. No bias or affiliations, just working for what's best for you and your circumstances. 

Trusted

It's not just about finding the best rate.  Our reputation with lenders for thorough due diligence means that your application will be viewed with enhanced credibility.  

Reliable

Securing funding can be stressful and complicated. We remove that by managing the process from end to end.  You are always kept informed and never have to chase us for updates 

Montpelier Private Finance Limited is registered in England and Wales No. 07045306. Registered office: 162-164 High Street, Rayleigh, Essex SS6 7BS. Trading address: 25 Lutener Road, Easebourne, West Sussex, GU29 9AT.  All rights reserved. Montpelier Private Finance Limited is an introducer to FC Funding, which is authorised and regulated by the FCA (674204) Commercial Mortgages are not always regulated by the FCA. Telephone calls may be monitored or recorded for training purposes.   

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