Expert Advice for your HMO Mortgage
HMO’s can provide a greater return on investment for landlords. This is because they generate a higher rental income than a traditional single family unit rental property. However, with greater returns comes a little more risk, so care needs to be taken over finding the right property and tenants.
By speaking to an expert for the most suitable mortgage to purchase a HMO, we can help maximise your chance of securing your mortgage deal. This is because:
- We have access to specialist lenders that deal with HMO mortgages
- We take the time to understand the factors that can affect the type of mortgage available to you, including HMO licensing in the area and the maximum number of bedrooms permitted
- We know how to package your case to help maximise chances of approval
- We have experience with working with landlords buying in their personal name or through a Limited Company
With a more complex mortgage, it is more important than ever that you weigh up all the costs to ensure you get the right return on your investment. We will do all the calculations for you and carry out detailed research across multiple specialist lenders.
You are more likely to get a positive outcome if you use an expert like us. Contact us for HMO mortgage advice and let us do the hard work for you.
There is no guarantee that it will be possible to arrange continuous letting of the property, nor that rental income will be sufficient to meet the cost of the mortgage.
A MORTGAGE IS A LOAN SECURED AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.
How we work
- Take time to get to know you and your intentions
- Personalised, hard working service
- Close relationships with specialist lenders
- Detailed research to ensure you save money
- Take care of the paperwork to minimise stress
- The experience to get a good result for you
Why choose us?
We are not like other brokers. We have over 80 years of experience in the mortgage and protection industry. Our Buy to Let clients include portfolio landlords, single property investors and Limited Company landlords. We have the expertise to make the difference for you.
We have over 100 five star reviews on Google and over 90 verified reviews on VouchedFor. And we would love to work hard for you.
If you need HMO Mortgage Advice ring Your Mortgage Expert now on 01722 322683. Or complete a contact form using the link below.
Meet the team
Our small, friendly team is based in the heart of Salisbury, Wiltshire. But we can help you no matter where you live in the UK. Sometimes it’s nice to put a name to a face. So if you want to find out more about us, visit our Meet the Team page.
Our team has:
- Over 80 years of experience in the mortgage and protection industry
- All members of our customer facing team have mortgage qualifications
- We have over 100 five-star reviews on Google
- Have helped hundreds of Buy to Let investors
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Dan Harris - Mortgage Adviser
Dan Harris first started working in mortgages in 2004. Since then, he has helped lots of people to remortgage. Dan has great attention to detail and will do the hard work to ensure you get the best recommendation. -
Adam Nanson - Mortgage Adviser
Adam Nanson has worked in the Mortgage Industry for over 20 years. He has expertise with working with Contractors and Self Employed individuals. He'll work hard to get the best rate for you.