We provide mortgages for the purpose of purchasing, remortgaging or capital-raising against HMO property owned via a limited company or limited liability partnership.

We lend up to 65% LTV against the lower of purchase price or investment valuation (not to exceed 75% of open market vacant possession).

We are able to lend to the following:

  • UK Limited Companies
  • Limited Liability Partnerships
  • New/existing SPVs & Trading Businesses

We accept HMO property that meets the following criteria:

  • Licenced HMO
  • Up to a maximum 12 bedrooms
  • Rentable condition

We provide:

  • Interest Only
  • Loan terms from 5 to 25 years
  • Loans from £500,000 up to £5,000,000 maximum per portfolio
  • Up to 65% LTV (Market Value)
  • Up to 75% LTV (Vacant Possession)
  • No compulsory insurance arrangements (fees and conditions apply)
  • No requirement to transfer your business bank account
For more info call 0333 414 1171

Available products


All loans are subject to status and secured against the property with full personal guarantee(s) required. Sometimes additional security may be required. Early repayment charges and an arrangement fee apply. Other fees may also apply. Exclusions and conditions apply. For more information you can call us on 0333 414 1171.

Criteria & important info

Fees & Charges

For a full list of our mortgage charges and a description of when these may apply, you can download our Guide to Buy to Let Fees and Charges.

Early repayment charges

You can pay off your mortgage early whenever you want, but you will have to pay an Early Repayment Charge if you repay all or part of your mortgage within a specified period. Additional interest will be payable in the event of early redemption of the mortgage. Please contact Commercial Lending on 01733 372 425 to discuss what Early Repayment Charges are applicable to our products.


We require Applicants to have at least 12 months experience as a HMO landlord within the last 24 months.

No, our HMO product is specifically designed for properties that require mandatory licencing. Check out our Buy to Let – Limited Company product as that may be a better fit.

How to apply

Existing user

If you've completed an application with us before and have access to our Broker Portal, log in to apply.

For more information, see our Broker Portal user guide.

If you need help with a new enquiry, or you're unsure about our criteria, then please submit an enquiry and our dedicated Business Development Team will come back to you with an indication of terms or a “quick yes or no” within 48 hours.

New user

If this is your first application with us, please submit an enquiry or contact your local lending manager.

What happens next?

Decision in Principle - The first thing we'll do is issue you with a DIP letter; you need to review this and add any details.  
Valuation - A valuation will need to be carried out. Your lending manager will let you know the costs and make sure we have all the correct information so this part runs smoothly. 
Meeting - Your relationship director will ask you some questions about your application and give you an idea of timescales. 

Underwriter - Your relationship director will make a submission to our Customer Due Diligence and Credit teams for approval. 

Mortgage offer - Once your application is approved, you'll be asked to pay a commitment fee to allow us to issue your Mortgage Offer letter, and progress your application to the legal process.