Specialist Buy to Let and HMO mortgages

Not all rental opportunities were created equal

So if your property has potential as a student let or houseshare, talk to us.

Or, if it’s a semi-commercial property – perhaps a flat above a shop – we may be able to help there, too.

Whatever the situation, we won't insist you have any past experience as a landlord. And we can take up to 90% of projected rent (plus any other income you have) into account when calculating what you can afford.

We can often lend when others won’t

And take away some of the inflexible criteria that others impose.

Meaning we have no limit on the number of bedrooms your HMO can have, and don’t insist on any minimum term of ownership for these kinds of rentals.

We could even help if:

• It’s an ex-council property, and/or made of non-standard materials (e.g. concrete).
• You're an expat and live outside the UK.
• You’re self-employed, work several jobs, or have already retired.
• You’ve got less-than-perfect credit.

What's a House of Multiple Occupancy?

An HMO is a rental property where you have at least three tenants, forming more than one household, who share toilet, bathroom or kitchen facilities.

A household is either a single person, or members of the same family who live together. This includes couples (married or otherwise), parents, children, grandparents, siblings, aunts and uncles – including half-relatives and step-parents or –children.

Each of these would count as an HMO:

• Three singles sharing.
• A couple sharing with a single person.
• A parent and their child sharing with a single person.
• There are some new rules that HMO landlords must adhere to, and in some instances you'll need a licence. We've explained the rules here.

Checking you qualify

This product is designed for semi-commercial properties with less than 60% commercial use, and properties that you're renting out as a House of Multiple Occupancy. If this doesn’t apply, another of our products may suit:

• ‘Accidental Landlord’ Buy to Let: To convert a property you already own (or have inherited) to a rental.
• Residential Buy to Let: For long-term residential rental properties.
• Holiday Let: For short-term rental properties.