Shared Accommodation Mortgages London
We offer Shared Accommodation Mortgages London.
HMO mortgages (loans for houses in multiple occupation) allows you to rent your property to multiple people, or multiple households.
HMO mortgages can be used for:
- Student accommodation
- Young professional accommodation
- Worker accommodation
It is usually a cheaper rate per room. However, combined rent of all the rooms is usually greater than renting to a single household.
HMO mortgages are usually restricted to experienced landlords rather than first time landlords. This is because as it comes with higher risks such as a higher tenant turnover and multiple tenant issues rather than a single family.
HMO mortgages in a limited company are also popular amongst landlords for their tax efficiency.
The Commercial Mortgages Store is a member of the NACFB which means you are in safe hands with our Commercial Finance Experts.
We have over 15 years’ experience in advising and arranging any type of commercial finance. Furthermore, we have a whole of market approach and use banks, building societies, private banks and commercial broker only lenders to finance our deals.
Furthermore, we service commercial mortgages across the whole of the UK (not just Barnet!) and can arrange commercial mortgages. These range from Bridging finance for residential or investment purposes to any type of development finance. We can also help with the popular serviced accommodation and Air B&B mortgages.
With our wealth of commercial knowledge, The Commercial Mortgages Store Oxford is renowned for exceptional customer service. We will make your commercial finance journey a hassle free one.
Book an appointment with one of our specialists at a date and time of your convenience. Initial consultations are free and last approximately 30 minutes. Please book your appointment by clicking here. For all other enquiries, please contact us here.