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Student Let Mortgages, Specialist Mortgage Broker 

​​​​​​​​✅ Access to competitive broker rates.

✅ Quick turnaround times and mortgage offers

✅ Whole of market with Access to over 100 lenders

✅ Deal directly with a dedicated, friendly broker

✅ Oxford-based Local Mortgage Broker​​​

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Local Expertise, Unmatched Advantage

Helping You Finance Student Rental Properties Nationwide

Student accommodation remains one of the most in-demand sectors in the UK rental market. Whether you’re an experienced landlord, a first-time investor, or planning to expand your portfolio, a student let mortgage offers a valuable opportunity to maximise rental income, especially in established university towns and cities.

At Drummonds Finance Group, we help landlords across the UK secure specialist mortgages for student lets, including HMO properties and limited company applications. We’ll guide you through the entire process, from understanding lender criteria to securing your mortgage offer and planning your long-term strategy.

If you’re investing in student property and want the right mortgage to support your goals, our advisers are ready to help.

Browsing Books

What Is a Student Let Mortgage?

A student let mortgage is a form of buy-to-let finance used to purchase or remortgage properties rented specifically to students. These mortgages are designed to meet the unique requirements of student tenancies, often involving multiple unrelated tenants, higher turnover, and stricter licensing regulations.

Unlike standard buy-to-let mortgages, student let mortgages often involve properties classified as Houses in Multiple Occupation (HMOs). Lenders assess these deals differently, which is why it's important to work with a broker who understands the sector and can recommend the right products for your needs.

Who Are Student Let Mortgages Suitable For?

These mortgages are suitable for both new and experienced landlords who are looking to let property to student tenants. If you already own a rental property and are considering converting it into a student let, or if you're buying your first HMO, we can help you navigate the requirements.

We also work with investors purchasing through limited companies, landlords building their portfolios, and clients remortgaging existing student lets to raise capital for additional purchases.

Even if you’ve never owned a rental property before, there are lenders who will consider first-time landlords, depending on your financial background and deposit size.

Understanding Lender Criteria

Each lender has its own approach to student lets, but there are several common factors they’ll look at. Your deposit, rental income projections, property condition, and your own income (if applicable) will all influence the type of mortgage you qualify for.

In most cases, a deposit of 20 to 25% is required. Some lenders are more cautious with student tenants and may ask for additional evidence of demand, professional property management, or local licensing. If the property is considered an HMO, generally meaning it’s let to three or more unrelated tenants, you’ll also need to meet your local council’s licensing conditions.

We’ll review your full situation in advance and recommend lenders that match your goals, experience level, and preferred structure, whether personal or limited company.

Limited Company Student Let Mortgages

More landlords are now buying student properties through limited companies, often called SPVs or Special Purpose Vehicles, due to tax changes and long-term flexibility. If you're investing in student accommodation using a limited company structure, we can help you access lenders who specialise in this area.

Limited company mortgages are assessed differently from personal applications, and not all lenders offer them. However, they can provide more control over your investment strategy, particularly if you're planning to grow a portfolio or reinvest your rental income.

Can You Get a Student Let Mortgage Without Landlord Experience?

Yes, while some lenders do prefer applicants with existing rental experience, there are also competitive options for first-time landlords. If you're financially stable, have a good deposit, and can provide evidence of strong rental demand in your area, it's still possible to access high-quality mortgage products.

We regularly help first-time landlords step into the student market for the first time, including young professionals, family investors, and parents buying properties for their children to live in while at university.

Investing in Top University Cities

The UK’s strongest student cities, including London, Manchester, Birmingham, Leeds, Bristol, and Liverpool, offer consistent tenant demand and attractive rental yields. Oxford and Cambridge, for example, are well-known for their limited student housing stock and growing international populations.

In Oxford, demand for compliant HMOs remains extremely high. With two major universities and strong rental yields, Oxford continues to be a prime location for student property investment. However, licensing rules are strict, and lender criteria can be tighter, which makes expert advice even more important.

Whether you’re investing in Oxford or elsewhere in the UK, our team will ensure your mortgage application is structured correctly and submitted to the right lender.

Raising Capital Through Remortgaging

If you already own a rental property, remortgaging it for use as a student let is one of the fastest ways to raise capital for a second purchase. We can help you switch to a lender that supports student rentals, raise funds for renovation, or restructure your mortgage under a limited company if that aligns better with your tax planning.

We also help landlords remortgage existing student lets for better rates, interest-only flexibility, or longer-term fixed deals to support cash flow.

Case Study: Student Let Investment in Oxford

Client: Emma, a first-time landlord from Reading
Location: Cowley Road, Oxford
Property: 4-bed student HMO


Goal: High-yield investment with long-term rental security

“I wanted a strong, long-term rental investment near the universities, but I’d never owned a student let before. Drummonds helped me find a lender who accepted first-time landlords, secured a great rate, and guided me through the whole HMO process.”

We sourced a five-year fixed student let mortgage at a competitive rate. Licensing was minimal due to the property’s size, and the deal was completed in just six weeks. All four rooms were let before the term began, delivering a yield of over 6%.

Emma is now planning her next Oxford purchase with our support.

✅ Start your Oxford student let journey with expert help

Tailored Advice, Exceptional Service

The Drummonds Advantage

When it comes to financing student lets, experience, strategy, and lender access make all the difference. At Drummonds Finance Group, we offer far more than just mortgage sourcing — we provide expert guidance from day one and stay with you long after the deal completes.

1

We provide personalised guidance, ensuring you understand every aspect of the mortgage process and make informed decisions.

2

Relocating can be complex, but with our comprehensive support, you can focus on finding your new home while we handle the financial details.

3

🏠🔁💰Remortgaging

looking to reduce your monthly payments, switch to a better interest rate, or release equity for other investments? 

4

🏠🔑👨‍💼
Buy To Let
Mortgage

For landlords and property investors, navigating the buy-to-let mortgage market requires understanding ever-evolving regulations and financial products.

5

At Drummonds Finance Group, we help tenants across the UK secure affordable Right to Buy mortgages, making it easier to turn your rental into your own home

6

At Drummonds Finance Group, we specialise in arranging Shared Ownership mortgages across the UK, helping first-time buyers, key workers, and families secure their dream homes with less upfront cost.

7

At Drummonds Finance Group, we make product transfers easy — helping you secure a lower rate, avoid unnecessary fees, and complete the switch quickly.

8

🏠🔑👨‍💼Commercial Mortgages

We offer financing solutions for a variety of commercial properties, on a referral basis to a specialised commercial broker, including:

Frequently Asked Questions

Your Mortgage Queries Answered

We understand that the mortgage process can be complex, which is why we've compiled answers to some of the most common questions we receive. Whether you're a first-time buyer or looking to remortgage, find the information you need to confidently make informed decisions.

  • Why choose a local mortgage broker in Oxford?
    As a local broker, we have in-depth knowledge of Oxford's property market, enabling us to provide personalized advice and access to exclusive deals not available through national lenders
  • How quickly can I get a mortgage approval?
    We can typically secure an Agreement in Principle within 1–48 hours, depending on your circumstances.
  • Can I get a mortgage with a low deposit?
    Yes, we work with lenders offering 5% deposit mortgages and can advise on schemes like Shared Ownership to help you get on the property ladder
  • Do you offer services for self-employed individuals?
    Absolutely. We specialize in securing mortgages for self-employed clients, even with just 1–2 years of accounts.
  • What documents are required to apply for a mortgage?
    Proof of ID (passport or driving license) Recent payslips (last 3 months) Bank statements Proof of deposit For self-employed: 2–3 years of tax overviews and SA302s
  • What additional costs should I budget for?
    Legal fees Valuation/survey fees Mortgage arrangement fees Stamp Duty (if applicable) Moving costs Home setup expenses
  • How long does it take to complete a mortgage in Oxford?
    On average, a mortgage can take 2 weeks to complete from application to offer, depending on the complexity of the case. At Drummonds Finance Group, we often secure a mortgage offers faster than 2 weeks for straightforward applications with all documents ready. Factors that can speed up the process include: Fast responses from the client Clear credit history Prompt valuations and solicitor work We work closely with lenders, valuers, and solicitors to keep things moving and minimise delays wherever possible.
  • Is Oxford a good place to buy property?
    Yes, Oxford is widely regarded as one of the best places to invest in property in the UK. It boasts a strong local economy, world-class educational institutions, a vibrant cultural scene, and excellent transport links. The demand for housing in Oxford remains high due to its university population, medical and research centres, and proximity to London. Whether you're a first-time buyer, a home mover, or a buy-to-let investor, Oxford offers long-term value and strong rental potential.
  • Will house prices go up in Oxford?
    While no one can predict the market with complete certainty, Oxford’s housing market has shown consistent long-term growth. Limited housing supply, a high volume of renters, and ongoing demand from students, professionals, and commuters support future price resilience. Economic forecasts and local development plans indicate that prices in Oxford are likely to continue rising over time, especially in well-connected and sought-after areas.
  • What is the average house price in Oxford?
    As of 2025, the average house price in Oxford is approximately £525,000, though this varies widely depending on the area and property type. Flats typically range from £275,000 to £400,000 Terraced homes average around £500,000 Detached houses often exceed £800,000 Premium areas like Jericho, Summertown, and Headington command even higher prices.
  • What should I look out for when buying a house in Oxford?
    Proximity to transport links – access to Oxford Parkway or mainline rail for London commuters can affect value. School catchment areas – top-rated schools like Cherwell School and Oxford High can increase demand. Leasehold vs. Freehold – many central Oxford flats are leasehold, so always check the remaining term and service charges. Flood zones – some areas near the River Thames or Cherwell may carry flood risks. Planning and development – check the Local Plan to see if any major changes or developments could affect the area.
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