An HMO Mortgage is one that allows you to borrow money against a property that is let out as a House in Multiple Occupation. The definition of this at least 3 people who are not from ‘1’ household and who share a toilet, bathroom or kitchen facilities. Learn more >
HMO Mortgages FAQS
How much can I borrow with an HMO Mortgage?
HMO Mortgage lenders may lend up to 75/80% of a property’s value, the amount they can lend is based on the rental income of the property.
Can I have interest only on an HMO Mortgage?
How much deposit do I need for an HMO Mortgage?
What’s the process to apply for an HMO Mortgage?
Should I use a broker to apply for an HMO Mortgage?
What fees will I need to pay when I apply for an HMO Mortgage?
Can I convert a property to an HMO and apply for an HMO Mortgage?
Can I apply for an HMO Mortgage in a company name?
Do I need a licence to apply for an HMO Mortgage?
Can I have an HMO Mortgage if I’m a first-time landlord?
Book A Call To Discuss HMO Mortgages
If you have an enquiry and would like to discuss HMO Mortgages in more detail, please get in touch or schedule one of our HMO Mortgage broker experts to give you a call.
At MRG Private Clients, we believe in providing our clients with personalised guidance and support when it comes to making important financial decisions. We are based in Medway, Kent but offer our specialist mortgage services nationwide. Learn more about our specialist mortgage services >
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