HMO Mortgages

A specialist type of Buy to Let mortgage product available where lenders will accept Houses in Multiple Occupation as acceptable lending security

More About HMO Mortgages

Think more efficiently

We have whole of market access including exclusivity with some HMO mortgage providers, and pride ourselves on being able to broker some of the most complex deals presented to us, so talk to our expert brokers who will find you the right HMO product.

  • No upfront fees

    We'll never ask you for any costs upfront in order to get you a decision in principle. Depending upon the project, we may need to charge a broker fee on completion, although we endeavour not to.

  • Licenced & Unlicensed HMO's

    HMO Mortgages may need to be licensed by the local authority but this is not the case for all HMO properties. We offer both.

  • LTV & terms

    Typical Loan to value (LTV) of 75-85% & from 2 to 35 year terms available.

  • Flexible terms

    Whole of market access to lots of HMO mortgage products means we have a choice of interest only and flexible lending terms.

  • First time landlords

    We can arrange HMO Mortgages for first time landlords, giving you all the advice you need.

  • 100% LTV available

    Mortgages available where you can borrow up to 100% of the property value, no deposit required.

HMO - Houses of Multiple Occupancy

    • About HMO
    • Types of HMO's
    • Examples
      • About HMO

        The simplest definition of an HMO is that the property will be occupied by multiple individuals who are not a single household (i.e not a family or some other special relationship). The property must be all of the occupiers only or main residence, is only used as a residence and at least one of the occupiers must be paying rent.

      • Licensed and Unlicensed HMO's

        The significance of a HMO is that is that it may need to be licensed by the local authority but this is not the case for all HMO properties. At Prospero Finance we are able to secure mortgages for both licensed and unlicensed HMO properties and are able to provide you with advice on whether you should be looking to license the property.

      • Types of HMO's

        HMO mortgages are available for a wide variety of multiple occupancy property types. Here we have listed some of the more recent HMO's we have secured competitive rates for.

        • check_circle Converted blocks of flats
        • check_circle Bedsits and shared houses
        • check_circle Privately operated halls of residence
        • check_circle Shared self-contained flats
        • check_circle Cluster Flats
        • check_circle Lodgings
        • check_circle Hostels
        • check_circle Individual shared self-contained flats/cluster flats
        • check_circle Accommodation for workers/employees

I was delighted with the service from Prospero Finance and was grateful to the team for being so helpful


Prospero Finance are an appointed representative of Executive Wealth Management Ltd who are Authorised and Regulated by the Financial Conduct Authority. Financial Services Register Number 534018