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HOUSE OF MUTLIPLE OCCUPANCY

Front room with large windows and wooden floor

A House of Multiple Occupancy (HMO) Mortgage is a financial product designed for properties rented out to multiple tenants not part of a single household. These mortgages cater to landlords managing houses shared by three or more tenants, forming more than one household, and sharing facilities like bathrooms and kitchens. HMO Mortgages are typically used for student accommodations or shared housing and involve stricter lending criteria and regulatory requirements due to the complex nature of managing such properties.

WHAT IS A HOUSE OF MULTIPLE OCCUPANCY MORTGAGE?

NO UPFRONT FEES

NO BROKER FEES

Key benefits of House of Multiple Occupancy Mortgages:

ELIGIBILITY CRITERIA

  • Suitable for landlords/investors

  • Requires property management experience

  • Good personal credit history

  • HMO-specific property standards

LOAN FEATURES

  • Higher interest rates than standard mortgages

  • Loan-to-value ratios vary

  • Flexible repayment terms available

  • Specialised lender options

PROPERTY REQUIREMENTS

  • Must meet HMO regulations

  • Fire safety and occupancy standards

  • Regular maintenance and inspections

  • Suitable for multiple tenants

Experienced. Trustworthy. Tailored.

Clever Commercial is an award-winning brokerage with over 30 years expertise in providing bespoke property financing solutions. Competitive rates, flexible criteria, and unrivalled service. Build your future - partner with us.

WHY CHOOSE CLEVER COMMERCIAL?