Category: HMO

HMO Licences taking up to 9 months…

If you have a House of Multiple Occupation (HMO), you should now be aware of the rules that came in to effect on 1st October.   You also be aware that some councils are behind already on the licence applications with one rumoured to be nine months behind! To recap – any property with five or […]

New rules for Houses of Multiple Occupation (HMOs)

Concentrating on Buy to Lets this week as yet more changes are on the horizon!  With effect from 1st October 2018, new mandatory rules will be applicable to Houses of Multiple Occupation (HMO).  Any property with five or more occupants (not all related) will now need an HMO licence, as the Licensing of Houses in […]

HMOs, Ltd Company Buy to Lets and Credit scoring!

There have been a number of competitive launches this week in the Buy to Let sector.  Especially for those buying a House of Multiple Occupation, or in a limited company name. The more noticeable includes the launch of new products from our friends at Precise Mortgages, designed to assist those looking to purchase investment properties […]

Don’t talk the market down, it’s ticking over nicely!

There have been a number of comments made in the national press recently regarding the market being in a lull and how mortgages are becoming harder to obtain.  I do think sometimes that people talk the market down, rather than reporting the actual situation. As both a specialist mortgage provider, as well as whole of […]

So, what’s in store for 2017?

A Happy New Year to you all!  In the last 12 months, we’ve seen many new lenders launch in to the mortgage market in addition to the current batch fighting for business by offering low and attractive rates with freebies including valuations, free legals and even cash backs. I see 2017 offering a lot more to First […]

New products and new lender – Vida Homeloans

I start with Kensington Mortgages this week.  The lender has launched a number of new products including options to cater for those looking at investing in Houses of Multiple Occupation (HMOs).  Similar to a normal Buy to Let, bought for investment, capital growth and income potential, yet these products allow for more than one family […]