We will consider applications for mortgages on MUFBs (Multi Unit Freehold Blocks) & HMOs (Houses of Multiple Occupancy), providing they meet the following criteria:
- Maximum number of units for MUFBs: 12 (10 plus units will be assessed on a case by case basis)
- Maximum number of bedrooms for HMOs: 12
- Borrowers seeking these mortgages must have at least 12 months prior experience as a landlord
- Our maximum LTV for HMOs and MUFBs is 60%.