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A buy-for-university mortgage scheme has proved hugely popular with students and parents, according to its provider.
Bath Building Society, which introduced "buy-for-uni" mortgages last April, has said interest in the product has been "absolutely massive".
Malcolm Graham-Jones, head of lending at the building society, continued: "Some parents have said they would have got a buy-to-let mortgage, but they've now found this and it's a much better product
you can buy it in the student's name and it puts them on the housing ladder."
The buy-for-uni mortgage scheme allows students to apply for up to a 100 per cent mortgage on a property with up to four bedrooms, which is then secured against their parents' home.
A deposit is not needed - and the student can choose to let the rooms out to friends or sharers to help with the mortgage repayments.
For most students, university is the first time they have to pay rent and it makes up a large proportion of their monthly outgoings.
The scheme's reliance on parental assistance and security highlights a growing trend in students' financial affairs.
According to a recent YouGov survey, the number of students and graduates receiving parental loans has almost doubled in the last ten years.
The average parental loan is now £12,188, with a huge £2 billion having been lent by UK parents in the last decade.
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