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 homeowner of main residence or BTL.
No Minimum income with some lenders
First-time landlords & Buyer lenders available (No experience required)