HMO valuation
The capital valuation will be assessed on a comparable residential basis.
Maximum MUFB units
Blocks with up to 6 units accepted. Blocks with more than 6 units considered on a case-by case basis.
Maximum HMO bedrooms
Properties with up to 6 bedrooms accepted. Properties with more than 6 bedrooms considered on a case-by-case basis.
HMO/MUFB applicant experience
MUFB definition
MUFB properties are single structures that contain separate flats or units that are not subject to individual leases and the property is on one freehold title. All individual units must be completely self-contained and meet the current property criteria, including minimum valuation figures and rental calculations.
HMO definition
A property is considered an HMO if the following conditions apply:
Maximum LTV
Maximum LTV is dependent on both the loan purpose and loan size Loan purpose: LTV is based on the Open Market Value and is inclusive of all fees and interest Loan size: LTV is based on the lower of purchase price or Open Market Value