Buy for Uni Mortgages | Vernon Intermediaries

Buy for Uni

THIS PAGE IS FOR USE BY AUTHORISED INTERMEDIARIES ONLY

Overview

We recognise the unique financial challenges students face when entering the housing market. Our Buy for Uni mortgage is designed to allow full-time students to become their own landlords, with up to 100% LTV, backed by family support through savings or property equity. The rental income from spare rooms is used to support affordability.

Key Criteria

  • Available for students, with family support
  • Available to buyers aged 18 - 30
  • Students must have at least one year left of their course

Discount Mortgages

(BU08) 5 Year 2.31% Discount Buy for Uni

Initial rate

5.29%

Subsequent Rate (SVR)

7.60%

Overall cost for comparison

6.8% APRC

Maximum loan to value (LTV)

100%

Incentives

Yes

Fees

£599

Early repayment charge

None

Enquire Now

We're proud to be known for our personal, approachable service. If you have a question or would like to discuss a case, our team is here to help - Monday to Friday, 8:45 AM to 5:00 PM. We look forward to hearing from you!

Get In Touch | Vernon Intermediaries
Question

Register

If you haven’t registered with us already, please register online before submitting business with us. Once registered with us, you can register to our broker online services.

REGISTER
Guide

Decision in Principle

Obtain a DIP before submitting an application. Attach an affordability calculator to your submission and we'll give you an initial decision based on the information provided.

DECISION IN PRINCIPLE
Mortgage

Submit a Full Application

Once your registration has been confirmed, you'll be able to submit an application via our online broker portal. All documents required for the application are uploaded at this time.

SUBMIT APPLICATION