HMO mortgages

We can arrange loans for all your HMO and Multiple units (MUB) requirements.

Key Benefits:

Applicant with 1 months rental to be classed as an experienced landlord
No limit on how big their portfolio is in the background (background portfolio stress test typically 125% x 5.5%)
75% LTV
We can go to a min floor space of 25sqm, if the security is based within inner London Multiple units
Recent application for license – we can still go to completion, if evidence of application with local authority is provided.
£75,000 min value
Share services acceptable as long as not held in one of the units (MUB)
Limited Company (SPV) or Individual
Moving from Individually owned to their Limited Company (SPVs only)
HMOs next door/above commercial – speak to me first!
Our standard policy up to 10 beds (on a case by case basis)
Early remortgage products for HMOs only (remortgage day 1 or within 6 months of ownership)

Funding refurb costs to 100%
Flexible and fast delivery of funds
Acceptable security types

Student accommodation
Licensed HMO

Freehold or Leasehold with a minimum term of 35 years remaining

Tailored to fit growing demand for non-residential borrowing options, flexible packages offer contemporary funding solutions for a wide range of scenarios.
Suits customers whose needs can be accommodated quickly and with a minimum of paperwork.

Terms from 3 months to 18 months
Foreign nationals and ex-pats considered with appropriate Know Your Customer (KYC) documentation and proof of residency supplied
Available to private individuals, corporate entities, Special Purpose Vehicles (SPVs) and off-shore limited companies
Credit-approved term sheets typically issued in about 24 hours.