HMO Finance

Houses in multiple occupation (HMO) are an attractive property investment for landlords as they are, on the whole, a more profitable asset than a standard rental property. Purchasing and managing them, however, comes with its own challenges, both to yourself and to your potential lenders.

To manage an HMO, you may need a license for either yourself or an appointed agent. This extra dimension adds an extra box to tick for lenders. Every lender will have a preference on the size of the property, the types of tenant they want to see and how they value the property. This means that an already complicated application can be even further muddled by having to change it constantly. So, if you’re looking for HMO finance, you really need someone helping you who truly knows the financial world.

That’s what ASC are here for. We’ve been helping businesses with finance for nearly 50 years now, so we know our stuff. We know exactly what criteria various different lenders want to see on applications and how to tailor an application to suit them. Your local Regional Director knows who to talk to at local institutions to get your proposal onto the desks of the decision-makers with minimal hassle for you.

ASC can take you through the process in a faster, simpler and better way to help you get the right finance for your property. Simply put, it’s property finance for property people.