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Success Story: HMO Mortgage in London

How We Helped a Portfolio Landlord Achieve Their Investment Goals

Property is similar to this but without the nice trees.

We recently had the pleasure of helping a new client secure a HMO Mortgage for a 14 bed HMO in London. Here’s what they had to say about their experience with us:

🌟 Client Testimonial:

_ ” I am an investor with a London centric portfolio, seeking to establish a wider footprint in the HMO Market. I had an important deal that I needed to be seen through to a conclusion, swiftly.

I knew I had to partner up with a broker that fitted my requirements and after liaising with many brokers, I was immediately hooked by Simon’s understanding of the HMO Market and more importantly he was very personable.

Business is developed by making key decisions, and I can gladly say I made the right decision by working with Simon as the deal sailed through smoothly and my business has directly benefited as a result.

A great to start to a working relationship and hopefully much more to come”

🏡 Mortgage Details:

– Type of Property: 14 bed HMO
– Location: London
– Loan Amount: £1,450,000
– Mortgage Type: HMO Mortgage valued with a Commercial Valuation
– Loan-to-Value (LTV): 75%

🏆 Why Our Client Chose Us:

Our client, came to us looking for a HMO mortgage that would help grow their portfolio as they had found other brokers didn’t have the knowledge above 6 beds. After understanding their needs, we provided a HMO Mortgage that included:

-Access to a specialised HMO lender offering competitive rates and a unique legal proposition that saved costs and approximately two months of legal work
-Expert advice and support throughout the application process when it got a bit bumpy with planning
-A quick and seamless HMO mortgage approval that fits their strategy

🔑 Looking for a HMO Mortgage Like This?

We can help you secure the right mortgage for your next property investment or development. Contact us today to learn how we can support your journey to success!

 

Searchlight Finance Ltd is a broker not a lender.

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We are a credit broker not a lender.

Searchlight Finance Ltd is registered at 98, King Street, Knutsford, Cheshire, WA16 6HQ. Company Register number is 07929050.

Authorised and Regulated by the Financial Conduct Authority. Our FCA registration number is 743220. You can check via www.register.fca.org.

We are registered with the Information Commissioner’s Office, Z3109319 and you can check via www.ico.org.uk.

We conduct both regulated and unregulated business and therefore not all products provided through us are regulated by the Financial Conduct Authority.

We source finance from the whole of market and may receive commissions that will vary depending on the lender, product, or other permissible factors. The nature of any commission model will be confirmed to you before you proceed.

Member of National Association of Commercial Finance Brokers (NACFB).