Case Study Banner


Student accommodation group seeks £24.9m refinance loan

  • Refinance deal worth £24.9m
  • Refurb of 350 student beds
  • £20m interest-only 10-year fixed facility

A client needed to secure refinance for 350 student bedrooms across Yorkshire, including at prestigious university quarters at Hull and Nottingham Trent universities. A £24.9m loan was required, £20m of which was a 10-year facility fixed for five years, interest-only commercial investment.

All of the properties are student accommodation previously mortgaged with us that have been refurbished and finished to a high standard.

A huge deal such as this can cause potential stress for a borrower; however, all large cases go through with the assistance of our High Net Worth Team and approval from our internal Transactional Credit Committee (TCC). This quickly establishes whether additional requirements are needed, and the broker receives confidence in our support.

For further reassurance, TCC approval takes place before valuation is instructed, meaning clients only pay for valuations if we can take a case, potentially saving them substantial amounts of money. Working collectively with the panel, the client, the solicitors and broker, the team were able to complete the deal smoothly.

Facebook LinkedIn Twitter

Recommended case studies

Discover how InterBay could help you

Speak to your specialist finance account manager to see how we could help with your next case.

erroriconPlease enter valid postcode


Davey Gurm

Specialist Finance Account Manager
Areas covered

London and Greater London


I joined the team as a specialist finance account manager in 2021 after holding similar roles at a number of other financial services companies. I enjoy interacting with brokers and am dedicated to supporting our ongoing commitment to strengthen relationships with all of our intermediary partners.


Kevin Beale

Specialist Finance Account Manager
Areas covered



I joined the company more than seven years ago, initially as national sales manager, then as new build distribution manager, before moving over to my current role. I love working closely with my broker partners and helping them to access products that their clients might struggle to get on the high street.

Mo Parmer (1)

Mohinder Parmar

Specialist Finance Account Manager
Areas covered

London and South East


I joined the group in 2022 after more than 20 years of experience working in banking, first as a private banker then as a relationship manager looking after my broker partners. The thing I love especially about specialist lending is that every case I receive is different with its own set of challenges, so when I’m able to finally get it over the line it gives me a real sense of achievement. I’m really looking to helping you with your complex cases and showing off our exciting proposition.


Charlotte Parker

Specialist Finance Account Manager
Areas covered

South West


I’ve been supporting brokers in South West ever since joining the company in April 2019. With nearly 20 years of experience working in financial services, I’ve developed a detailed knowledge of the mortgage market which means I’m perfectly placed to help you with your cases. Whatever support you need, I’m here to provide solutions to complex cases, and diffuse and resolve any issues that may arise during the processing of an application.

green alert icon

This information is for mortgage professionals only and not intended for use by the general public. All rates, programmes and pricing are subject to change at any time and without prior notice. Mortgages are subject to valuation and approval.