HMO Mortgages & Multi-Let Property Finance

HMO (House in Multiple Occupation) properties can generate strong rental yields, but financing them requires specialist knowledge and lender understanding. At NexGen Finance, we support landlords, investors and developers with clear guidance on HMO mortgages, criteria, valuations and the full application process.

Whether you’re purchasing your first HMO, refinancing an existing one, or converting a property into multi-let accommodation, we help you move forward with the right finance structure for your strategy.

Why Choose an HMO?

• ✔ Higher rental yields compared to standard buy-to-let
• ✔ Increased income stability across multiple tenants
• ✔ Strong demand in university areas, commuter towns and city centres
• ✔ Flexibility for conversions, refurbishments and uplift projects

How We Help HMO Investors

• 📊 Assessing rental and yield projections
• 🏠 Guidance on licensing and regulatory requirements
• 🏦 Access to lenders who specialise in HMO finance
• 🧾 Support with valuation packs, floorplans and tenancy details
• 🚀 Options for both personal name and limited company structures

Types of HMO Finance Available

• Standard HMO Mortgages – for 3–6 tenants
• Large HMO Mortgages – typically for 7+ bedrooms
• HMO Remortgages – raise capital or secure a better rate
• Refurbishment Finance – for conversions and upgrades
• Bridging-to-HMO – purchase, refurbish, then switch to HMO term lending

The HMO Mortgage Process

1. Initial Discussion

We review your experience, plans and the property itself to confirm suitable lenders and criteria.

2. Valuation & Rental Assessment

Lenders will look at rental income, room size, layout and licensing requirements. We help you prepare what’s needed.

3. Application Submission

We assist with documents, tenancy details, business structure and lender forms.

4. Underwriting

HMO cases often involve more detailed checks — we manage the process and keep everything moving.

5. Offer & Completion

Once the valuation and underwriting are complete, your offer is issued and the legal work begins.

Common Challenges We Handle

• ✔ Limited HMO experience or first-time landlords
• ✔ Properties that need refurbishment to meet licensing standards
• ✔ Smaller rooms, layout issues or planning considerations
• ✔ Complex income structures or portfolio underwriting
• ✔ Large HMOs requiring specific lender approvals

Get Started

If you’re planning an HMO purchase, conversion or refinance, NexGen Finance can help you find the right finance and guide you through the full process.

Contact us today to begin your HMO finance enquiry.