It's never been better for student landlords

Bath Building Society could have the answer for student's accommodation needs with their unique Buy for Uni mortgage product.

The recent fall in house prices across the UK, coupled with a stable rental market and reduced mortgage costs, means that now is the ideal time to take full advantage of the only product of its kind in the UK market.

Throughout England and Wales, Bath Building Society is the sole provider of mortgages for students, allowing them the potential to cover their accommodation costs during their time in further education.

At a time when there are few 100 per cent mortgages available from lenders, the Buy for Uni mortgage allows the student to borrow up to 100 per cent of the value of the property.

The student can use the income received from renting spare rooms to off-set the costs of the mortgage and potentially realise a profit.

Launched in 2006, Buy for Uni is already helping to solve hundreds of students' accommodation worries throughout their time in education.

Head of Lending at Bath Building Society, Malcolm Graham-Jones explains "Now is the time that students are looking to find properties for the next academic year, and purchasing their own property is a viable option with the Buy for Uni mortgage."

"Our product is helping students to invest in their own future, allowing them to achieve that all important first step on the housing ladder, and it also gives parents peace of mind knowing that their children are safe and secure in their own property."

The mortgage requires the parents to act as guarantors, however they can borrow up to 100 per cent of the property price, opening up the opportunity for students to get on the housing ladder during their time in University.

For further information, visit bibs.co.uk