85% LTV for HMO Properties with up to 8x Letting Rooms & Multi-Unit Properties with up to 4x Flats
Suitable for Small/Medium HMOs & Multi-Unit Investment Properties
Good 5-year fixed rate for Multi-Unit properties of up to 4 self contained letting units (flats and studio apartments) in 1x freehold, or up to 8x bedrooms let to unrelated tenants in licensed HMOs. 85% Maximum loan of £750,000 at 85% LTV. Flats above commercial considered.
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Description | Details |
| Pay Rate | 5.29% |
| Rate Description | 5 Year Fixed Rate |
| Reverting Rate | SVR currently 6.83% |
| Expiry | 5 years |
| Security Charge | First charge basis |
| Maximum LTV | 85% |
| Minimum Property Value | £117,650 |
| Minimum Loan Size | £100,000 |
| Maximum Loan Size | £750,000 to 85% £3,000,000 to 80% |
| Maximum Mortgage Term | 35 years |
| Income Requirements | No minimum income requirements |
| Accepted Property Types | HMO & Multi-Unit properties in England & Wales |
| Property Types Cont. | Ex-council houses and flats accepted, (flats over commercial considered |
| Tenancy Types | Single or Multiple AST |
| Rental Stress Test | 140% @ 5.29% |
| Product Reference | 38869 |
Get a Personalised Quotation for this Product
HMO 85% LTV 5 Year Fixed 5.29%
For more details about this product or to check if this will be suitable for you, call us on 0117 2232 050