NEW LOW RATE HMO MORTGAGE LOANS

October 15, 2021

Very competitive HMO Funding rates now available from our vast panel of lenders

HMO's are typically more expensive to finance than standard BTL's.  Lenders will look at income vs running costs so it is important to present a balanced view in your financial accounts if you want to achieve the best interest rates on the market.


Examples of deals we believe we can currently source subject to affordability, quality & location of the assets


Deal 1 - UK Limited Company Borrower

  • Loan to Value - 50%
  • Portfolio size - £10m
  • Loan request - £5m*
  • Margin/Rate - 2.45% over BOE base
  • 5 year partially amortising loan


Deal 2 - UK Limited Company Borrower

  • Loan to Value - 65%
  • Portfolio size - £2m
  • Loan request - £1.3m*
  • Margin/Rate - 2.65% over BOE base
  • 5 year partially amortising loan


Deal 3 - UK Limited Company Borrower

  • Loan to Value - 70%
  • Portfolio size - £2m
  • Loan request - £1.4m
  • Margin/Rate - 2.91% over BOE base
  • 2 year interest only 


*subject to affordability (rental income vs  running costs & drawings)

FIND OUT MORE

Share this post

By rw February 10, 2025
DEVELOPMENT FINANCE
By Paul Lane October 15, 2024
Bridging Finance Completion
By December 30, 2022
Commercial premises purchase -  OWNER OCCUPIED
By October 25, 2022
Deal Update:

By September 10, 2022
£5.5m Bridging deal approved @ 0.55% Plus base pcm
By April 8, 2022
Residential bridging finance approved for part finished development
By March 30, 2022
New Deal Sanctioned - Property Development Finance
By March 14, 2022
£12m Credit backed Bridging Loan
By January 26, 2022
Bridging Deals agreed
By January 11, 2022
Recent Commercial & Semi Commercial Investment deals agreed
More Posts
Share by: