As we reflect on this year, the UK HMO sector remains a strong performer in the Buy-to-Let market. Many experienced landlords are attracted to HMOs because of their potential for generating above-average rental yields.
However, can first-time landlords successfully enter the HMO market with their first property? Surprisingly, the answer is yes. At West One Buy-to-Let, we offer specialised products tailored for licensed HMO properties with up to 10 bedrooms. These solutions are not solely for experienced landlords. We also encourage first-time landlords to consider the benefits of investing in HMO properties.
This inclusive approach ensures that both new and seasoned investors can explore opportunities in this thriving market. Transitioning into the HMO segment might seem daunting, but with the right support, it is achievable. The growing demand for shared housing underscores the profitability of this investment strategy.
Get to know how West One can help your clients to finance a HMO:
Are your clients exploring House in Multiple Occupation (HMO) investments? West One offers tailored solutions to suit diverse needs.
West One provides flexible options whether they are experienced landlords or new to the buy-to-let market. Even first-time landlords can qualify as long as one applicant owns their primary residence.
West One caters to licensed HMOs with up to 10 bedrooms. This allows landlords to maximise rental income while ensuring compliance with local regulations.
Additionally, UK-based and expat landlords are welcome to apply. The options are designed to support property investors regardless of their current residence.
The lender accepts student and corporate lets, offering landlords the flexibility to target profitable rental markets. This feature broadens the potential tenant base and enhances investment opportunities.
In their short video, discover more about West One’s specialised approach to HMO financing.
Check out West One beginners’ guide to HMOs here.
For more information on financing an HMO or to discuss a case, please do not hesitate to email btlbrokersupport@westoneloans.co.uk or call 033312334556
Thank you for reading our publication “West One | West One Can Finance HMOs With Up To 10 Bedrooms.” Stay “Connect“-ed for more updates soon!
