House in Multiple Occupation Mortgages

The changes to Buy-to-Let regulation mean that landlords are now searching for new ways to maximise their rental yield.

Houses in Multiple Occupation (HMO) have become an increasingly popular way to grow a landlord’s portfolio.

The HMO products we’ve introduced are designed to increase your opportunities for growth and income. We have two options available, the small and large option.

The Small HMO mortgage is designed for experienced buy-to-let landlords looking to purchase their first HMO, add to their existing portfolio of HMO properties, or remortgage an existing HMO mortgage property with a maximum of four tenants.

The Large HMO mortgage is designed for experienced large HMO landlords looking to purchase a new HMO property, or remortgage an existing HMO mortgage property with a maximum of six tenants.

Our HMO BTL Light Refurbishment mortgages offer additional options for landlords where properties require a level of light refurbishment prior to being rented. This may be cosmetic work, work to meet HMO regulation or light internal structural work to create additional bedrooms. As with the standard HMO mortgage, we have the small and large option.

Want to find out more? Arrange a chat with one of our Mortgage Advisers.

  • Specialists in Buy-to-let Mortgages
  • No limits on borrowing with other lenders
  • We can consider portfolio landlords
  • We can consider limited companies

Your home may be repossessed if you do not keep up repayments on your mortgage

Our house-in-multiple-occupation mortgages

Small HMO Buy-to-Let Two Year Fixed Rate Mortgage

  • Initial rate3.37% Fixed
  • then changing to our SVR, currently5.64%
  • The overall cost for comparison is5.5% APRC
  • Product periodFixed until 30/11/2021
  • Deposit required25%
  • Arrangement fee2.00% of the loan
View this mortgage ViewRepresentative Example

A mortgage of £87,064 payable over 20 years, initially on a Fixed rate for 2 years 6 months at 3.37% and then on our current Standard Variable Rate Mortgage of 5.64% (variable) for the remaining 17 years 6 months, would require 30 monthly payments of £239.71 and 210 monthly payments of £401.18.

The total amount payable would be £176,797.76 made up of the loan amount plus interest (£89,768.76), an application fee of £135 and a redemption fee of £80.

The overall cost for comparison is 5.5% APRC representative.

Large HMO Buy-to-Let Two Year Fixed Rate Mortgage

  • Initial rate3.67% Fixed
  • then changing to our SVR, currently5.64%
  • The overall cost for comparison is5.6% APRC
  • Product periodFixed until 30/11/2021
  • Deposit required35%
  • Arrangement fee2.00% of the loan
View this mortgage ViewRepresentative Example

A mortgage of £87,064 payable over 20 years, initially on a Fixed rate for 2 years 6 months at 3.67% and then on our current Standard Variable Rate Mortgage of 5.64% (variable) for the remaining 17 years 6 months, would require 30 monthly payments of £261.05 and 210 monthly payments of £401.18.

The total amount payable would be £177,437.94 made up of the loan amount plus interest (£90,408.94), an application fee of £135 and a redemption fee of £80.

The overall cost for comparison is 5.6% APRC representative.

Small HMO Buy-to-Let Light Refurbishment Three Year Discount Mortgage

  • Initial rate3.64% Variable
  • then changing to our SVR, currently5.64%
  • The overall cost for comparison is5.6% APRC
  • Product periodthree years
  • Deposit required25%
  • Arrangement fee2.50% of the loan
View this mortgage ViewRepresentative Example

A mortgage of £87,491 payable over 20 years, initially on a Discounted rate for 3 years at 3.64% and then on our current Standard Variable Rate Mortgage of 5.64% (variable) for the remaining 17 years, would require 36 monthly payments of £258.92 and 204 monthly payments of £401.18.

The total amount payable would be £176,520.34 made up of the loan amount plus interest (£89,064.34), an application fee of £135 and a redemption fee of £80.

The overall cost for comparison is 5.6% APRC representative.

Large HMO Buy-to-Let Light Refurbishment Three Year Discount Mortgage

  • Initial rate3.94% Variable
  • then changing to our SVR, currently5.64%
  • The overall cost for comparison is5.6% APRC
  • Product periodthree years
  • Deposit required35%
  • Arrangement fee2.50% of the loan
View this mortgage ViewRepresentative Example

A mortgage of £87,491 payable over 20 years, initially on a Discounted rate for 3 years at 3.94% and then on our current Standard Variable Rate Mortgage of 5.64% (variable) for the remaining 17 years, would require 36 monthly payments of £280.26 and 204 monthly payments of £401.18.

The total amount payable would be £177,288.57 made up of the loan amount plus interest (£89,832.57), an application fee of £135 and a redemption fee of £80.

The overall cost for comparison is 5.6% APRC representative.

Talk to us today

To arrange an appointment with one of our Mortgage Advisers call us free on:0800 072 1100or complete the form below:

Does at least one applicant have an income?


Do you have a deposit (or equity in property) of at least 5% of the property value?


Do you own your current residential property (with or without a mortgage)?


Do you have a deposit (or equity in property) of at least 20% of the property value?


Thank you for your enquiry.

A Mortgage Adviser will be in contact with you within 1 working day.