HMO (also known as Housing in Multiple Occupation) is a type of specialist property investment where a multi-room property is let to multiple individuals who are not part of one family, or household – this can range from student accommodation to professional individuals. It functions similarly to standard buy to lets but is slightly more complicated due to the requirement of an HMO licence, and the fact that most standard lenders do not accept HMO properties. Due to those reasons, it can be difficult to get a mortgage for your HMO investment. Olympia Finance works in partnership with many lenders who accept HMO properties with a range of interest rates, so contact us now to see what we can do for you!
Why Choose Olympia Finance for Your HMO Mortgage Needs?
Olympia Finance has access to the whole of market Lenders with a wide range of criteria hence, we can help you find a HMO mortgage deal that suits your needs. Even with non-standard circumstances, we may still be able to help. Contact our specialist team today to find out how we can assist you.