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Buy To Let and HMO

Buy to let mortgage to enable purchase of large HMO

  • Recently converted to 30 bed HMO
  • Owned via limited company structure
  • Only 25% occupied at present

An existing buy to let client is seeking finance through a limited company structure to purchase a two-storey detached building which had recently been converted. Planning permission had been obtained to convert the property into a 30 bed HMO. Due to the recent conversion the property was only 25% occupied however there was strong tenant demand in the area and the landlord client was able to provide evidence of this.

Our HMO criteria supports large HMO cases with no limit on the number of lettable rooms, as well as providing access to funding through limited company structures. Following receipt of the physical valuation we’re able to apply our bespoke service and accept the case and fund the loan.

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Dave

Davey Gurm

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London and Greater London

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I joined the team as a specialist finance account manager in 2021 after holding similar roles at a number of other financial services companies. I enjoy interacting with brokers and am dedicated to supporting our ongoing commitment to strengthen relationships with all of our intermediary partners.

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Simon Ward

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Midlands

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Having worked in the industry for more than 20 years, I’ve gathered an extensive knowledge of the mortgage process. I joined the company in 2018, first as a business development manager, then as a specialist finance account manager. My experience helps me to understand the challenges brokers face and allows me to help with the most complex of cases.

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Mohinder Parmar

Specialist Finance Account Manager
Areas covered

London and South East

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I joined the group in 2022 after more than 20 years of experience working in banking, first as a private banker then as a relationship manager looking after my broker partners. The thing I love especially about specialist lending is that every case I receive is different with its own set of challenges, so when I’m able to finally get it over the line it gives me a real sense of achievement. I’m really looking to helping you with your complex cases and showing off our exciting proposition.

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Charlootte

Charlotte Parker

Specialist Finance Account Manager
Areas covered

South West

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I’ve been supporting brokers in South West ever since joining the company in April 2019. With nearly 20 years of experience working in financial services, I’ve developed a detailed knowledge of the mortgage market which means I’m perfectly placed to help you with your cases. Whatever support you need, I’m here to provide solutions to complex cases, and diffuse and resolve any issues that may arise during the processing of an application.

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This information is for mortgage professionals only and not intended for use by the general public. All rates, programmes and pricing are subject to change at any time and without prior notice. Mortgages are subject to valuation and approval.