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: 10
- Maximum number of bedrooms for HMOs: 10
- The minimum bedroom size for HMOs is 10sqm
- Borrowers seeking these mortgages must have at least 2 years’ prior experience as a landlord
- Our maximum LTV for HMOs and MUFBs is 75%.