HMO Mortgages

Limited Company HMO mortgages are specialist financing products for property investors who wish to purchase and operate HMO properties through a corporate structure rather than personally. These mortgages offer significant tax advantages, including corporation tax rates (typically lower than higher-rate personal tax), the ability to claim mortgage interest as a business expense, and opportunities for tax-efficient profit extraction through dividends.

Commercial HMO mortgages are specialized financing solutions for large-scale, multi-occupancy properties that often exceed the scope of standard residential HMO lending. These properties typically include former commercial buildings converted to residential use, mixed-use developments, or purpose-built accommodation blocks with significant numbers of units.

HMO Portfolio mortgages are designed for experienced property investors who own or plan to acquire multiple HMO properties as part of a larger investment strategy. These products offer several advantages over individual property mortgages, including portfolio-level underwriting that considers the combined performance and risk of all properties, potential rate discounts for larger portfolios, and streamlined application processes for additional acquisitions.

Refurbishment HMO mortgages are short-term financing solutions that combine property purchase costs with renovation expenses, enabling investors to buy properties that require improvement work to become viable HMOs. These products typically offer 70-75% of both the purchase price and refurbishment costs, with funds released in stages as work progresses.

Large HMO mortgages are specialist financing products for substantial multi-occupancy properties, typically featuring 8 or more bedrooms and often extending across multiple floors or buildings. These properties require different underwriting approaches due to their scale, complexity, and higher rental yields.

Expat HMO mortgages enable UK nationals living abroad and foreign nationals to invest in UK HMO properties while residing overseas. These specialist products address the unique challenges faced by expat borrowers, including foreign income verification, currency considerations, and remote property management.

Bad Credit HMO mortgages are specialist lending products designed for property investors who have experienced credit difficulties but want to invest in HMO properties. These lenders focus primarily on the property's rental income potential and the borrower's current financial situation rather than historical credit issues.

Student HMO mortgages are specialized financing products for properties specifically intended to house university and college students. These properties are typically located near educational institutions and are designed to meet the unique needs of student tenants, including furnished accommodation, strong internet connectivity, and appropriate social spaces.

Multi-Unit Freehold HMO mortgages finance freehold properties that contain multiple self-contained units, each capable of generating independent rental income. These properties might include converted houses with separate flats, purpose-built blocks with multiple units, or mixed-use buildings combining residential and commercial space.

First Time Landlord HMO mortgages are designed for individuals entering the property investment market with their first HMO purchase. These products recognize that newcomers to landlording need additional support and guidance while building their property portfolio.

LLP HMO mortgages are designed specifically for Limited Liability Partnerships that want to invest in Houses in Multiple Occupation. An LLP combines the limited liability protection of a company with the operational flexibility of a partnership, making it an attractive structure for property investors working together.