Finance to Change Buy To Let Property to HMO
The Scenario:
Our client owned a buy to let property in a desirable part of London, but wasn't getting good enough rental returns from it.
He wanted to address both his finance costs, and his income: changing his finance provider and turning the property into a more profitable house in multiple occupation licence (HMO).
The high street lenders were unwilling to provide the BTL mortgage finance he required, due to the purpose and size of the loan.
Vexed by their reluctance, he came to us.
Our Solution:
We needed to move fast to allow our client to apply for an HMO licence as soon as possible and minimise his rental void.
Through our established relationships with private lenders, we were able to secure £1.27M HMO mortgage with a favourable four-year term of finance.
Do you require finance? Are you in a similar position? To investigate your finance options call our team on 0117 959 5094 or fill in our call back form.
Jack Spillane
Finance Broker
Bristol
0117 959 5094
Is your situation similar to this? I specialise in helping clients who need creative development finance solutions, and second-charge mortgages. Give me a call any time and we can set up a detailed discussion of the finance you need.
Mathew Phillips
Finance Broker
Bristol
0117 959 5094
Are you in a similar situation? I specialise in bridging finance at Clifton Private Finance - I will find you the best funding solution for your property transaction.
Alex Chambers
Senior Finance Broker
Bristol
0117 403 4324
Are you in a similar situation? I am a specialist in residential and investment property finance for UK and international clients at Clifton Private Finance. Please don't hesitate to get in touch for a no-cost discussion of the finance you need.
Luther Yeates
Senior Finance Broker
Bristol
0117 244 5561
Are you looking for a similar type of property finance? I have extensive experience finding residential and investment property finance for UK and international clients. Please get in touch and we can arrange a time that's convenient for you to discuss your situation.
Sam ONeill
Senior Finance Broker
Bristol
0117 959 5094
Is your situation similar? I am a bridging finance specialist at Clifton. I can find a quick, cost-effective solution for the funding you're looking for.
Robert Gibb
Senior Finance Broker
Bristol
0117 959 5094
Are you looking for mortgage or short-term finance for residential or buy-to-let property (including HMOs)? I have extensive experience in finding property finance solutions for UK and international clients, both as individuals and limited companies. Please give me a call and let me see what I can do for you.
Adam Arnott
Associate Director
Bristol
0117 205 0214
Is your situation similar to this? I have extensive experience of advising clients who need creative property finance solutions. Please get in touch and we can arrange a time that suits you for a detailed discussion of your requirements.