He said the student would need the support of parents, who would have to use the equity in their home as collateral for the loan. The idea is that the student with the mortgage will rent out the other rooms in the property to cover the monthly repayments. Scarborough unveils innovative mortgage range. Consumer credit trade. Mortgages: five years ago there were just a handful of lenders offering mortgages without the need for a deposit.

Students offered 100% mortgages to become landlords. Alternatively, you could use a self- build mortgage that will release funds at certain stages as the build progresses. Everything has its day, ' says julian jenkinson, a professional landlord with 51 properties that he lets to students in southampton. Always seek professional advice for your own particular situation. Carnival, going out, views and more from the bbc website for somerset.