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HMO mortgage

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    HMO mortgage

    I need to convert my rented property to HMO according to the Fing council, anyone knows any morgage provider who can remortgage for HMO?

    #2


    Fing? HMO?

    Ok. House Under Multiple Occupancy.

    Hire somebody to put the frighteners on them. Either that or hide a few lumps of festering Camembert around the house.

    Then you'll be able to get a regular mortgage like everyone else :security

    Comment


      #3
      Originally posted by SandyD View Post
      I need to convert my rented property to HMO according to the Fing council, anyone knows any morgage provider who can remortgage for HMO?
      Not many lenders to be fair will consider Houses of Multiple Occupation.

      I would start with Paragon, Leeds Building Society and The Mortgage Works.

      Comment


        #4
        You could try Capital Fortune or Charleston Financial Services as well. Both have decent reps for HMO mortgages : hasten to add I have no personal experience to offer, just rep from other people.
        Good LucK
        If it looks like a duck, walks like a duck, quacks like a duck,it must be a duck

        Comment


          #5
          RLA Mortgages but I think you might need to be a member.
          ...my quagmire of greed....my cesspit of laziness and unfairness....all I am doing is sticking two fingers up at nurses, doctors and other hard working employed professionals...

          Comment


            #6
            Originally posted by SandyD View Post
            I need to convert my rented property to HMO according to the Fing council, anyone knows any morgage provider who can remortgage for HMO?
            Did you check google or anything first or just hit the new post button?

            HMO mortgages | Mortgages for Business

            Could also try Freelance Financials or one of the contractor specialist guys that will have experience looking for investment type mortgages for filthy rich spekulants.
            'CUK forum personality of 2011 - Winner - Yes really!!!!

            Comment


              #7
              Just a quick question. Why are the council getting involved in your mortgage? I had some tenants complain about some damp in one of my older properties and got the council in under the housing act. tulip myself but in the end it was them drying their clothes on radiators and never opening windows so just condensation. The only recommendation I got was to have the main linked fire alarm on each floor instead of the 3 standard ones. Didn't question anything else.
              'CUK forum personality of 2011 - Winner - Yes really!!!!

              Comment


                #8
                Originally posted by northernladuk View Post
                Just a quick question. Why are the council getting involved in your mortgage? I had some tenants complain about some damp in one of my older properties and got the council in under the housing act. tulip myself but in the end it was them drying their clothes on radiators and never opening windows so just condensation. The only recommendation I got was to have the main linked fire alarm on each floor instead of the 3 standard ones. Didn't question anything else.
                PMed you

                thanks everyone else.

                Comment

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