Axis Bank - offering a range of specialist buy-to-let products for HMO properties aimed at experienced landlords with at least three existing buy-to-let properties. Axis will consider a maximum of 6 bedrooms, non-licensed HMOs, individual ASTs and up to 75% loan-to-value.
Paragon Premier - one of the key lenders for professional landlords with HMO properties, offering fixed and variable rate products up to 80% loan-to-value on its Premier range, with a lending aggregate of £10 million. Paragon will consider up to 20 tenants with multiple or single ASTs and assess the rental income on a room by room basis.
Kent Reliance - a popular lender for HMO properties with an unlimited aggregate lending policy for professional landlords and the only current provider of 85% loan-to-value mortgages.
Kent Reliance also has no minimum income requirement and accepts first time landlords (up to 80% LTV).
Other lenders servicing the HMO sector include: Aldermore, Fleet Mortgages, Kensington, Landbay, Precise Mortgages and Shawbrook Bank.
Tel: 029 2069 5446
Your home may be repossessed if you do not keep up repayments on your mortgages.
The Financial Services Authority does not regulate some forms of mortgage.