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How we can help: HMO
Nathan wants to purchase his first HMO
Nathan owns two Buy to Let properties, but now would like to invest in his first, 5-bed HMO to be used for student accommodation.
He has some complexities…
Nathan unfortunately received a CCJ 28 months ago for an unpaid parking fine. He’s also never owned an HMO before, so he was worried about being able to get a Buy to Let mortgage for his new HMO property.
He also relies largely on the income from his other two rental properties as his personal income and works part-time as a self-employed handyman.
Nathan’s Student Let journey could begin!
Nathan was able to purchase his new HMO in a university city, ready for him to decorate and add the final touches to get onto the rental market for students.