Available to both Individual and Limited Companies / LLP applicants. CHL 1: Small MUFB onlyCHL 2: Small & Large MUFB (including Complex HMO & Hybrid MUFB) Related words: Ltd Co, SPV, House in multiple occupation
MUFB
A Multi-unit Freehold Block (MUFB)is a block of self-contained units on a single freehold title. Any element of commercial usage is unacceptable. Small MUFB (Available in CHL 1 & CHL 2 ranges)Blocks with up to 6 self-contained units where there is no HMO element.Each unit must have separate services Large MUFB (Available in CHL 2 …
Property sourcing companies
Considered on a case by case referral basis. Related words: property management, investment, portfolio, agent
Personal guarantee requirements
A personal guarantee must be provided by Limited Company Directors and/or Shareholders with 20% shareholding, and all designated members and members with management rights of an LLP. Related words: Ltd Co, Limited Liability Partnership, LLP
Deposit
Deposits from Inter-company / Director / Shareholder / Partner loans accepted. Related words: Down payment, Limited Company, Ltd Co, Limited Liability Partnership, LLP
New company incorporations
New company incorporations are accepted. Related words: Limited Company, Ltd Co, Limited Liability Partnership, new companies, start up
SIC Codes
CHL 1 acceptable SIC codes: 68100 | 68209 | 68320 | 68201 CHL 2 acceptable SIC codes: All SIC codes considered. Related words: Limited Company, Ltd Co, Limited Liability Partnership, Standard Industrial Classification
MUFB Size
We define a small MUFB has having up to 6 units and a large MUFB as having up to 10 units. Related words: Multi-unit freehold block