Specialist HMOs and all MUFBs
For properties which require a commercial valuation such as large HMOs and MUFBs.
Why use Buy to Let by Foundation for MUFBs and Specialist HMOs?
- No bedroom limit on HMOs up to 65% LTV
- HMO or multi-unit freehold block experience not required
- Only 1 month rental experience required
- 'Early’ re-mortgages based on market value & available on a mix of MUFB and HMO within the same block can be considered
At a glance:
Large HMOs
- Up to 10 beds max loan £1.5m to 75% LTV
- Large HMOs no bed limit & max loan £1.5m up to 65% LTV
At a glance:
All MUFBs
- We can consider Multi-Unit freehold blocks up to 10 units
- Max loan £1.5m to 75% LTV
- Max loan £2m to 65% LTV
- Required to have a commercial (red book) valuation
- We require no minimum unit square footage for MUFBs