Our Services
Higher yields, if it is structured properly
Houses in Multiple Occupation can offer strong rental returns, but lenders assess them very differently from standard buy-to-let. We structure your application to align with how HMO lenders actually make decisions.
HMO mortgages by situation
Every HMO case is different. Choose the situation that matches yours to see how we approach it.
First-Time HMO Landlord
New to HMO investment but not put off by complexity. We know which lenders will work with you and how to present a first HMO case.
Limited Company HMO
Buying through an SPV or limited company for tax efficiency. Structure and director profiles matter, and we place these correctly.
Large HMO (5+ Beds)
Larger properties with mandatory licensing and a specialist lender requirement. Often valued on a commercial basis.
HMO Conversion
Converting a standard property to an HMO, typically bridging into a long-term HMO mortgage once the works and licence are in place.
What is an HMO?
An HMO (House in Multiple Occupation) is typically a property rented to three or more tenants from two or more different households, sharing common areas such as a kitchen or bathroom.
The four things lenders look at most
Rental Income
HMO lenders do not always use market rents. Some apply a yield-based commercial valuation, others use room-by-room projections. The method matters, and we find the right fit.
Method varies significantly by lender.
Property Size
Three and four-bed HMOs sit in the most accessible bracket. Five and six beds trigger mandatory licensing and a smaller lender pool. Seven or more require specialist lenders only.
7+ beds = specialist lenders only.
Investor Experience
Some lenders require a minimum period of landlord experience. Others accept first-time HMO investors with no prior property background, with the right presentation.
First-time HMO investors can access the market.
Licensing
Local authority HMO licensing, mandatory and selective, directly affects lender eligibility and property valuation. We review licensing early so it does not become a problem at the offer stage.
Licensing must be resolved before application.
Why HMO mortgages are more complex
Mainstream buy-to-let lenders often will not touch HMOs at all. The specialist lenders who do assess factors that simply do not exist on a standard single-let application. The HMO lender market is a fraction of the standard BTL market, so knowing who is active, and on what criteria, is everything.
Number of tenants
More tenants means more complexity, and fewer lenders as that number climbs.
Property layout
Room count, shared facilities and floor area all factor into how lenders value and underwrite.
Licensing requirements
Mandatory and selective licensing affects valuation and which lenders will proceed.
Investor experience
Some lenders require prior landlord history. Others accept first-time HMO investors with the right presentation.
Rental income sustainability
HMO rental calculations are not standardised. The method varies significantly by lender.
Free tool: HMO Route Checker
Tell us about your HMO deal. Get an HMO-specific stress test, finance route and a shortlist of specialist HMO lenders, instantly and with no credit check.
HMO Mortgage Route Finder
See your mortgage options
Enter the deal details to get your personalised route.
No credit check, free to use.
Ready to get your HMO financed? Message us
Send us the property, room count and licence position on WhatsApp. We match your HMO to lenders that actually accept it, including first-time HMO and limited company cases.
We reply fastest on WhatsApp, message us anytime.
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER LOAN SECURED ON IT. THE FINANCIAL CONDUCT AUTHORITY DOES NOT REGULATE SOME TYPES OF BUY TO LET OR COMMERCIAL MORTGAGES.
Some buy-to-let and HMO mortgages are not regulated by the Financial Conduct Authority. Albion Financial Advice Services Ltd is authorised and regulated by the FCA, FRN 769375.
Last updated: 23 June 2026