Student Let Mortgages in Oxford: A Complete 2025 Guide for Landlords and Investors

Liam Drummond
May 29
2 min read

Updated: May 31

Drummonds Finance Group – Your Oxford Mortgage Specialists

Student in gray shirt walks on campus, looking at phone. Brick building and trees in background. Others walk nearby, looking content. student let oxford

Oxford remains one of the UK’s most sought-after cities for landlords investing in student property. With two world-class universities, a growing population of undergraduates and postgraduates, and consistently high rental yields, student let mortgages in Oxford remain a top choice for savvy investors.

✅ Contact us now for tailored student let mortgage advice in Oxford

Why Oxford Is a Prime Location for Student Let Investments

Oxford is home to:

University of Oxford – over 25,000 students
Oxford Brookes University – approx. 18,000 students
An increasing number of international and postgraduate students

Demand for high-quality student accommodation is rising, and landlords are achieving average gross rental yields of 5.5% to 7%, depending on area and property type.

Popular areas for student lets include:

Cowley Road
Headington
East Oxford
Iffley Road
Botley (especially for Brookes students)

What Is a Student Let Mortgage?

A student let mortgage is a type of buy-to-let mortgage designed for landlords who rent properties to multiple students on separate tenancy agreements (often an HMO – House in Multiple Occupation).

These mortgages differ from standard buy-to-lets due to:

Higher occupancy
Shorter tenancy cycles
Unique property management considerations

Lenders view them as higher-risk, so you’ll need the right broker to match your situation with the right lender.

Lender Criteria for Student Let Mortgages in Oxford

Each lender has different requirements, but most will consider:

Minimum deposit: usually 25%, though some allow 20%
Rental coverage: 125%–145% of the mortgage payment
Experience: Some lenders require prior landlord history
HMO licence: required if 5+ tenants (or 3+ in some zones)
Property type: self-contained, good condition, compliant with local regulations

✅ Not sure what you qualify for? We’ll assess your circumstances and recommend the best options

Can First-Time Landlords Get a Student Let Mortgage?

Yes, but lender options are more limited. We work with banks and building societies that offer first-time landlord student let mortgages, provided the applicant has strong affordability and a solid deposit.

Some lenders will allow you to:

Let family members studying in Oxford
Use a Joint Borrower Sole Proprietor structure to avoid second-home stamp duty
Operate on a consent-to-let basis, short-term

Key Considerations Before Investing

Before applying for a student let mortgage in Oxford, think about:

Is the property HMO-compliant?
Can it be entirely let during term time?
Do I have a managing agent, or will I self-manage?
Is the rental income realistic and provable?

Our advisers guide you through all of this. We know exactly what lenders want to see and how to present your application in a clear and concise manner.

Can I Remortgage My Current Oxford Property to Use as a Student Let?

Yes, many Oxford landlords start this way. If your current property is let on a single Assured Shorthold Tenancy (AST), we can help you remortgage to a student let or HMO product with specialist lenders.

You can often: