What is an HMO Mortgage?

HMO stands for “House of Multiple Occupation”. In a nutshell they are used groups of people sharing a house. For example student lets or people house sharing .

Can I get an HMO?

Depending on where you have your property you may need to apply to the council in order to get an HMO License. Normally this is the case if you rent to 5 or more people. The council may also require you to meet certain safety and letting criteria. HMO mortgages are not difficult to obtain providing you can meet all financial and legal requirements.

Any questions about HMO Mortgages? Why not call us on 0131 463 5678 or use the quick contact form below. We look forward to hearing from you soon.