HMO Mortgages: The Complete Guide

HMO stands for a House in Multiple Occupation and refers to a property rented out by at least three individuals who are not from the same household and share toilet, kitchen and bathroom facilities.

What is HMO Lending?

HMOs need a license from the local authority as well as a specific HMO mortgage. This mortgage is designed to meet the development plans of landlords intending to rent a property on multiple tenancies.

Why are HMO Properties Attractive?

• Potential higher rental yield.
• Attract multiple renters, meaning more security if one tenant moves out.
• Ability to secure a family home for the future in an area they cannot currently afford.

With over 200 lenders on the platform, we can help you get the best rate possible on your HMO mortgage.