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
  • Situated in one of the following locations:

Birmingham

Durham

Nottingham

Brighton

Leeds

Oxford

Bristol

Leicester

Reading

Cardiff

London

Southampton

Cambridge

Manchester

York

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.
 

We provide:

  • Interest Only
  • Loan terms from 5 to 25 years
  • Loans from £500,000 up to £20,000,000 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
ANY PROPERTY USED AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

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.

FAQs

How long do I need to have been an HMO landlord to apply?

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

I own an HMO investment, but it doesn’t require licencing. Can I apply for this product?

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

 

Get in touch

Contact your dedicated regional team here.

Post

Send a completed application form and your documentation to us.

Postal address

YBS Commercial Mortgages
Broadoak
Southgate Park
Bakewell Road
Peterborough
PE2 6YS