HMO... Apparently not.

HMO Licensing

I bought a sizeable Victorian Semi Freehold House, on a 50% LTV bridging loan. I've converted it into four 1-bed flats and two studios, therefore doesn't quite fit the standard HMO model.
The tenants will be treated as if it were, with just one title on the whole site.

The house (or 6 flats, I should say) have just been valued at 620k. It also has planning permission for a two-bed bungalow on the land at the rear, when built adding 350k+. The site could therefore be worth around 1M (minus the bungalow build) I owe 230k to the loan company and finding it hard to understand why it's so difficult to remortgage?

I have been a landlord for almost 20 years, 18 years with NRLA, with several HMOs and thought it may get through as a Sui Generis. Two lenders have already said it’s not for them, and the bridging loan is coming to an end fairly soon. Any suggestions, advice or guidance on specialist lenders, would be much appreciated.

Even my Mortgage broker is unable to find anything

Sincerely,

AR