Looking to secure fast approval for your HMO mortgage? Auction Finance offers mortgage solutions for purchasing, remortgaging, or capital-raising on HMO properties held in limited companies or partnerships.
With up to 85% LTV, we provide competitive rates and quick decisions, helping you unlock your investment potential efficiently.
HMO (House in Multiple Occupation) mortgages are designed for landlords who rent properties to multiple tenants forming two or more households. With Auction Finance’s extensive knowledge of the market, we guide you to lenders who understand the complexities of HMO investments, ensuring compliance with planning and licensing requirements.
Navigating these regulations can be complex, but our expertise ensures you’re matched with lenders who understand these requirements.
A property must be licensed as an HMO if It is rented to 5 or more tenants from 2 or more households, and the tenants share communal facilities.
C4 Planning Use Class: Covers small HMOs with up to 6 tenants. Usually does not require additional planning permission if the property already operates as an HMO.
Up to 85% LTV: Access high loan-to-value options to maximise your borrowing potential.
First-Time Landlord Support: Guidance for those new to the HMO market.
Licensing & Compliance Expertise: Assistance with mandatory and additional licensing requirements.
C4 & Sui Generis Knowledge: Help navigating planning permissions specific to HMO properties.
Connections to Specialist Lenders: Benefit from our extensive network of lenders offering competitive rates and terms.
Navigating legal requirements can be time-consuming and costly without the right guidance.
More tenants mean increased responsibility for maintenance and administration.
Securing appropriate permissions can be a hurdle without proper support.
Auction Finance uses its expertise to minimise these challenges, helping you focus on the growth of your investment.
Start your property investment journey with the right support, using our HMO mortgage calculator.
Expand your portfolio with high-yield HMO properties.
Convert existing properties into HMOs for increased rental income.
HMOs often generate significantly higher returns compared to standard buy-to-let properties.
Income from multiple tenants reduces financial risk if one tenant leaves.
We connect you with lenders specialising in HMO finance, ensuring the best terms for your circumstances.
Scenario: A first-time landlord, Emma, wanted to purchase a 6-bedroom property for sharers in a high-demand area.
Challenge: Emma lacked experience, and the property needed a mandatory HMO licence.
Solution: Auction Finance matched Emma with a lender accepting first-time landlords and provided advice on ensuring compliance with local licensing and C4 planning requirements. Emma secured an 85% LTV mortgage and achieved a rental yield of 9.5%
At Auction Finance, we specialise in helping landlords secure HMO mortgages that match their needs and circumstances. With our deep understanding of licensing, planning, and lender criteria, we simplify the process, saving you time and hassle.
