Telephone: 01539 232109 | Mobile: 07711 884650

Lakeland Finance Ltd has access to a number of lenders who are willing to accept Houses of Multiple Occupancy as acceptable security for mortgage or loan purposes, HMO’s are properties that are let out to more than two tenants that are not members of the same family.

At Lakeland we endeavour to source the right deal to match each individual client needs and requirements, whether a first time investor or a seasoned property entrepreneur with a HMO portfolio. Typically lenders will require the rental income from the property to be at least 130% of the mortgage interest repayments and stressed tested at a rate of 6%.

We can help finance:

  • Properties up to a maximum 85% LTV
  • Interest only or Capital and Interest
  • New purchase and re-finance of existing property

If you would like more information about HMO finance or if you would like to talk about a specific property purchase or re-finance of an existing property, please contact us and will be more than happy to discuss with you in more detail.