Find HMO mortgages
|1.65% then 5.74% Fixed for 26 months||5.74%||60%||£2534||Fixed||26 months||Enquire|
|1.85% then 5.74% Variable for 24 months||5.74%||60%||£234||Variable||24 months||Enquire|
|2.00% then 5.74% Fixed for 26 months||5.74%||60%||£1034||Fixed||26 months||Enquire|
Important: Lender fee is calculated based on a loan amount of £100,000.
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE.
Where lenders offer mortgages with no fees, our broker fee will apply. Details at foot of this page.
Table contains purchase and remortgage rates. Speak to us for a tailored recommendation.
You can quickly compare HMO mortgage rates
From application to payout, as specialist brokers we help and support landlords to find the HMO mortgages that best match your financial goals.
Use the table above to see latest APR, loan to vlaue ammounts and details of early repayment charges. Then speak to an advisor to double check the lender criteria before you apply.
HMO mortgage lenders and criteria
We have access to and built strong working relationships with a wide range of HMO mortgage lenders.
HMO criteria are different to those for a standard buy-to-let mortgage. Talk to our team and be fully ready to make an HMO mortgage application for the best chance of approval.
Our expert advisors will help you find HMO mortgages best suited to your financial requirements and future plans.
Summary of current HMO mortgage criteria
- borrow from £50,000 to £2 million
- borrow up to 80% loan-to-value
- unlicensed HMOs considered (the property may need to be in licensable condition and let on a single AST agreement)
- maximum of 20 self-contained units
- no limit on number of individual rooms (subject to other criteria)
- multiple kitchens considered
- individual rooms or joint and severally liable tenancy agreements
- tenants in receipt of housing benefit considered
- affordability tests can include rental for each room or flat
What qualifies as an HMO property?
An HMO is a let property where three or more tenants from more than one household share facilities such as a bathroom or kitchen.
We can also source HMO mortgages for multi-unit properties. These are classified as anything from a semi-detached house split into two self-contained flats or a new purpose built block of 20 self-contained flats on one freehold title.
If capable of sale, each unit should have a minimum property value of £50K.
HMO funding can be difficult to get; let us help you
Our team differentiate themselves from the competition by offering our customers:
- a choice of fixed and tracker HMO rates
- quick turnaround
- decision in principle often within two hours
It is becoming more common for people to choose to live in shared accommodation, especially young professionals based in cities. With exceptional rental returns, landlords are being increasingly attracted to this sector, although funding can be very restrictive.
Our expert team have a sound knowledge of the specialist buy-to-let sector, including HMO lenders. We can source a competitive deal for your HMO finance.
Contact our team for rates and repayments on HMO remortgage products. We have access to many lenders who can help.
To get in touch, simply submit your details using the link below, or call us for free on the telephone number at the top of this page.