Low Rental Coverage.

Get finance for your buy to let. Talk to the experts.  

20 Years 

Experience.

20  

Approved.

80,000+ Satisfied Customers

HMO Specialists.

Why use us?

Process

 

We will be in touch to seek further information about your case and discuss options available to you. 

2

3

Mortgage Offer

 

Experienced administrators work with you to provide the lender with all the details required to obtain a mortgage offer.

The Process For Your Mortgage.

Enquire
 
Complete our 2 minute mortgage availability check.
 

3 Simple Steps.

1

How it works and what you need to know:

These are mortgages secured on properties with 3 or more tenants of different households. Lenders view these mortgages as significantly more complicated than traditional letting as involves multiple parties.

 

HMO's and multi-lets are a very profitable sector of the market as multiple tenants tend to pay higher rents than one single family

A few examples:

  • Students

  • Housing for employees

  • Shared houses and flats

  • Multiple flats on one freehold

However lenders operating in this area are very limited. Those available can have rules and criteria which require expert interpretation. We have the experience to know these rules and so find the best lender and product for you. We can also help you regardless of whether it is licensed or unlicensed.

 

HMO and Multi-let lending criteria 

To be success with your mortgage application, lenders will often assess the following criteria:

  • Your personal experience of being a landlord.

  • Whether you have a HMO license or not. 

  • Location of property.

  • Classification of tenants (Students, professionals, etc.)

  • Rental income. 

It is important to note, some lenders are more lenient than others when concerning this criteria. 

What can we do to help.

We have been operating for a long period of time and so have a huge amount of knowledge on these rules and criteria of lenders. This means we can find a mortgage on your behalf, especially if you are finding it difficult to do so. In addition to this, we will get you very competitive rate.

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Manor Mortgages Direct is a trading name of Manor Mortgage Services Direct Limited.

Manor Mortgage Services Direct Ltd is authorised and regulated by the Financial Conduct Authority (Ref.496907). We normally charge a fee of £49 for research and a further fee of up to £995 depending on the amount of work involved.

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.