HMO buy to let morgages - where can I get one ?

0 Thanks
5 Posts
15 years ago

Can you tell me which companies still offer buy to let mortgages
on 7 bed HMOs. (Would be 5 bed house but can be let as 7 bed by
letting the study and one reception).

Have tried the 0845 345 6788 number (Mortgages for Business) and
they say that HMO mortgages dried up about 12 months ago.

We would be a safe bet for the mortgage company, as the rental
income would be very much more than the mortgage, it is in one of
the most popular streets in the city for students, if houses don't let it won't be in this street, the rent is double what would be
needed to pay a mortgage. We currently live in the house, but want
to move (daughter student elsewhere) but keep the house by letting
it whilst using some of the capital towards our next house.


Please Login

You must be logged in to participate in our forums, to continue please login below.

Not a member? From only £99 you can join in the discussion and get access to member's only resources and services.

As the home for landlords, the NRLA are here to help you save time, save money, and stay compliant. NRLA membership gives you access to a vast range of expertise, resources, and exclusive member benefits and savings, designed to help and empower members. We also play a pivotal role in campaigning and championing the interests of landlords.