Multi-let where a HMO license is NOT required

Multi Lets can achieve standard buy to let rates, call: 01603 340 443

What is the difference between a multi-let and a HMO mortgage?

Multi-let mortgages are the same as a HMO, but where the local authority does not require a HMO license or Planning Permission. Typically, up to 6 tenants on a single agreement, or 5 on individual agreements we can achieve standard buy to let mortgage products. However, this is very criteria specific, with very few mortgage lenders who will lend where the property is let to 4 tenants.

Contact us to discuss the current best mortgage rates for Multi Let properties, taking in to account all the facts.

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Your home may be repossessed if you do not keep up repayments on a mortgage or any other debts secured on it. Think carefully before securing other debts against your home. Buy to let (pure) and commercial mortgages are not regulated by the FCA. No broker fee is charged typically; as commission received from the mortgage lender pays our minimum fee of £495 and any shortfall will be charged only on completion of your mortgage. Vincent Burch Ltd. is an Appointed Representative of JLM Mortgage Services Ltd., authorised and regulated by the Financial Conduct Authority, (FCA), registration number: 300629.

© Vincent Burch 2014 - 2015