Скачать или смотреть HMO Mortgages (House In Multiple Occupation)

Are you considering buying a property to use as a house in multiple occupation (HMO)? Or to convert the use of an existing property for HMO purposes? Whilst HMOs can be complicated to set up and time-consuming to manage, they can be far more lucrative than standard buy-to-let investments. There’s also more risk involved with an HMO investment, however, and the criteria set by lenders for a mortgage are stricter than for standard buy-to-let properties. As a result, you need a specialist mortgage for your HMO project.

At Trinity Finance, we have extensive experience with HMO properties and work closely with lenders offering this niche type of mortgage. In this guide, we’ll explain some of the differences between HMOs and standard buy-to-lets, what you can use an HMO mortgage for, the criteria and whether you need an HMO licence to be approved for a mortgage.

For impartial advice on HMO Mortgages, simply give us a call on 01322 907 000 or send an email to [email protected] or an enquiry via our contact form. One of our mortgage experts will reply to you as quickly as possible with more information about HMO Mortgages and how they can help you get onto the property ladder.