Looking for a Multi Unit mortgage?
At Yomo Finance, we understand the unique challenges and opportunities that come with investing in multi-unit properties. Our MUB mortgage range is designed to cater to the specific needs of landlords and property investors looking to capitalise on this lucrative market. Contact our team in Aylesford to start your application.
Key features of our MUB mortgages
Our HMO Mortgage products are tailored to meet the diverse needs of MUB investors, offering a range of features and benefits:
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Competitive interest rates: : We search for competitive interest rates for MUB mortgages, helping you maximise your rental income and returns on investment.
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Flexible loan-to-value (LTV) ratios: We understand that MUB properties often require higher LTV ratios, and mortgages can accommodate up to 75% LTV, subject to meeting our lending criteria.
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Experienced underwriters: Our underwriters have extensive knowledge and experience in assessing MUB properties, ensuring a smooth and efficient application process.
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Portfolio lending: If you have an existing portfolio of MUB properties, we can consider lending against your entire portfolio, subject to meeting our criteria.
Eligibility and lending criteria
To qualify for a MUB mortgages, you'll need to meet the following criteria:
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Minimum property valuation of £100,000 (£250,000 in London)
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The property must be classified as an MUB by the local authority
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Compliance with all relevant MUB licensing and safety regulations
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Sufficient rental income to meet our affordability assessments
We’re highly recommended
