Here is the latest update from Zephyr Home Loans. For full details see their latest product information here.
Announcement
We can now lend on HMOs up to 12 bedrooms and MUFBs up to 12 units – doubling our previous limit. More space, more opportunity, and more room for landlords to grow their portfolios.
We’ve also teamed up with Allied Surveyors & Valuers to bring added expertise to the valuations of all large HMOs and MUFBs (7-12 bedrooms/units).
- Products: 2- and 5-Year Fixed Rates, plus Lifetime Tracker with no ERCs
- LTV: up to 75% (80% LTV available up to 6 bedrooms/units)
- Minimum valuation: £120,000
- Maximum loan size: £1.5m to 65% LTV / £1m to 75% LTV
- Applicants: Individual landlords and limited companies