HMO Mortgages
DM Financial Services can help with mortgages for all kinds of HMOs (Houses of Multiple Occupation):
- Up to 85% LTV (Outside M25) (75% within M25 as of Aug 2020) Contact office for latest criteria inc LTV
- Unlicensed HMOs or ‘Multi-Let properties
- Large licensed HMO’s of any amount of rooms (Ensuite’s accepted in all rooms and Kitchenettes.)
- Shared or individual AST’s
- Professional, student or DSS tenants accepted
- Multiple self-contained units on one title accepted
- Large HMOs without license in place at completion
- In personal names or Limited Company/LLP accepted
- 2 and 5 year deals with arrangement fees from 1.5% (Rates from 3.29% subject to status) Rates correct as of Aug 2020. Contact office for latest rates and criteria
- Lenders with no previous HMO experience if existing home owner of main residence or BTL.
- No Minimum income with some lenders
- First Time Landlords & Buyer lenders available (No experience req)
0800 110 5898 lines open till late
broker@dmfinancialservices.co.uk