Specialist

Commercial Finance For HMOs

 

Commercial Finance For HMOs

Clifton private finance

We specialise in sourcing commercial finance for HMOs in the UK

As a specialist broker, we provide high-quality commercial finance solutions for our clients.

Buy To Let

Up to £750k

5.4% APR

2 Year Tracker (Remortgage)

Subsequent rate 5.55%

LTV - 75%

APRC 8.9%*

Product fee 3% 

Free Valuation

Early redemption charges

As at 11th January 2024

Buy To Let

Up to £1m

4.51% APR

5 Year Fixed (Purchase)

Subsequent rate 9.59%

LTV - 65%

APRC 8.1%*

Product Fee £3,999

£300 Cashback

Early redemption charges

As at 11th January 2024

Buy & Refurb

1 to 12 Months

0.55% pm

1 to 12 months

Purchase & refurb

LTV - 60%

Buying & Renovating

Conversions

Auction Purchase

As at 11th January 2024

Contact Us

Thank You for your interest - please complete the form below and a member of our team will be in contact.


We pride ourselves on providing excellent service responsive to your needs.
Through our market knowledge, we can deliver bespoke terms based on your requirements.  
Call us on +44 203 900 4322 to discuss your requirements.

Or you can book a free consultation with one of our expert advisors at a convenient time for you, below.

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Commercial Finance For HMOs

What Is An HMO

An HMO, also known as a house in multiple occupations, is defined as a property that is rented out to at least three people who are not from the same household, but share communal areas such as a kitchen and a bathroom.

An example of an HMO is a student houseshare.

The same household is defined as a single person or members of a family who live together including:

Do I Need An HMO Licence?

If you are looking to rent out a property to five or more tenants who are not from the same household, then the property will be classified as a ‘large HMO’ and you will require a licence.  You can apply for an HMO licence from the property’s local council.

Commercial Finance For Non Licensed HMOs

Securing commercial finance for an HMO that does not require a licence is a simpler process than getting finance for an HMO that needs one.  There are some mainstream lenders that offer commercial finance for HMOs; however, traditional lenders tend to have rigid applications that take a long time to process.

If you need commercial finance for your HMO property, then it is advisable to contact a professional broker to find the best deal for your set of circumstances.

Commercial Finance For Licensed HMOs

Typically, commercial finance for licensed HMOs is more expensive and harder to obtain, as not all lenders are prepared to provide finance in this area.

It should be noted that the lenders who are willing to provide commercial finance for HMOs will often require a proven track record of successful HMO projects. Therefore, if you do not have the experience required, you may struggle to get the finance you need.

Although the majority of lenders require experience in HMOs, there are some lenders that are happy to provide commercial finance for licensed HMOs; these lenders often work through intermediaries such as finance brokers.

Through our market knowledge, we can deliver bespoke terms based on your requirements.  
Call us on +44 203 900 4322 to discuss your requirements.

Or you can book a free consultation with one of our expert advisors at a convenient time for you, below.

Book Consultation »

 
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Get in Touch

If you have any questions about our services or want to start making things happen please contact us