If you’re looking to invest in a House of Multiple Occupation (HMO) property and generate rental income, a specialist buy to let mortgage can help you to do so. HMO properties are designed for multiple tenants, each with their own room and shared facilities.
At Mortgage Mentors, we understand that HMO properties can be a complex undertaking, which is why we offer expert guidance and support to help you understand the process.
We offer a range of specialist buy to let mortgage products for HMO properties, designed to meet the specific needs of individuals who are investing in this type of property. Our advisors can provide advice on the eligibility criteria for HMO mortgages, as well as the application process and the costs involved.
Our advisors can help you to find the most suitable product for your needs, taking into account the type of HMO property you’re looking to purchase, the location, and any incentives that may be available. We can also provide advice on the additional costs involved in buying an HMO property, such as licensing fees, safety regulations, and management costs.
At Mortgage Mentors, we believe that everyone deserves the opportunity to invest in their future, including those looking to invest in an HMO property. Contact us today to see how we can help you secure the right mortgage deal available for your HMO property investment. Our advisors can guide you through the entire process, ensuring that you fully understand each step and that everything runs smoothly.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Some buy to let mortgages are not regulated by the Financial Conduct Authority.