HMO Mortgages

HMO (House of Multiple Occupancy) allow the borrower a first charge loan using an investment residential property as security.

HMO Mortgages

HMO Mortgages

A house of multiple occupancy (HMO) refers to where at least 3 non-related people occupy a property and is frequently referred to as a ‘house share.’

As property finance broker’s we have ready access to all the commercial mortgage lenders that are actively seeking to lend. We’re able to access for our clients some of the most competitive rates on the market.

HMO mortgages are essentially a conventional buy to let mortgage that’s taken over a security (the property) that has multiple tenants.

It’s referred to as a House of Multiple Occupancy (HMO) and may generally have shared bathing and kitchen facilities for the tenants

How much can I borrow with HMO Mortgages?

HMO mortgages are typically up to 75% loan to value (LTV) of the open market value (OMV) of the property.

Lenders will consider HMO properties that are both Freehold and Leasehold.

Properties with a short leasehold remaining may be difficult to secure funding on.

As a long-term product, HMO mortgage rates are highly competitive with a choice of fixed-rate and variable-rate terms.

Indicative Terms

Get an understanding of how much you may be able to borrow with an HMO mortgage and at what terms prior to making an application. You can use Indicative Terms to show that you may be in a financial position to purchase a property with an estate agent or those selling a property.

Some benefits of using us

In addition to property valuations, building insurance, and legal support, we offer a wide range of additional services. For information on this, please see our Business Support Services and Trusted Partner Network.

Our business support and brokerage services include fully packaging and submitting your lending application proposal in addition to ensuring the most competitive rates and terms. We will ensure that your mortgage application is prepared quickly and efficiently. At the same time, we will keep you updated on your application’s progress in order that funds are available in the shortest possible time.

Our offer

In particular, we offer all our clients a truly ‘one-stop-shop’ facility, specifically to provide you with a fully managed and professional business support and brokerage service. Our mission is to secure the most competitive funding offer for your circumstance available from the whole of the market.

Whatever your property finance requirements, we offer a free, impartial, and confidential initial consultation and will quickly assess your funding options.

Request a Call Back

 We will keep your contact details on file for the purpose of dealing with your enquiry. By submitting your contact details via this form, you are agreeing to our Privacy Policy.