For over 10 years, buy to let landlords and HMO (houses of multiple occupation) landlords have partnered with Rapid Bridging to find the mortgages they need offering the most competitive rates and the most favourable borrowing terms.
Like a buy to let mortgage, an HMO mortgage is a secured loan on a property you intend to rent to residential tenants but which you do not intend to live in yourself.
Many lenders consider an HMO as a property capable of accommodating five or more households.
They are very similar to buy to let mortgages, but have specific requirements. We can advise you on whether you should use us as a HMO mortgage broker, or whether something else would be preferable for you.
See our latest testimonials from happy customers who have received Residential Bridging Loans.
Everything you need to know about residential bridging loans can be found here.
Ready to get started? Get your quote today.
Individual, Corporate, Overseas and Trust borrowers looking to purchase/refinance property in England, Wales, & Scotland
Up to 85% loan to value
21
No upper limit – subject to underwriter review
£150,000 – £ unlimited
From 3 years to 30 years
Capital Repayment, Interest Only or a combination
From 4.24% per month
First or second charge registered against a property
Quote within 10 minutes of enquiry, credit backed decision the same day
Can be funded as quickly as 5 working days but normally in as little as 10 working days
Online enquiry, call, postal applications or face to face meeting
These testimonials are based on individual
circumstances and cannot be taken as a guide or advice.
“We were unable to get a loan anywhere. Nobody would fund building the house. We then approached Andrew who was unbelievably helpful. He was the only person who would even entertain the idea of trying to help”.
“Andrews nature and experience allowed for him to cut through some problems that we found with the other professionals. IE the solicitors and the banks”.
For regulated bridging loans the typical APR is 14.60% based on a loan size of £250,000 and fixed for 12 months, regulated bridging loans are for a maximum term of 12 months.
COMMERCIAL AND DEVELOPMENT BRIDGING LOANS ARE NOT REGULATED BY THE FINANCIAL CONDUCT AUTHORITY. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP PAYMENTS ON YOUR MORTGAGE. THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.CHECK THAT THIS MORTGAGE WILL MEET YOUR NEEDS IF YOU WANT TO MOVE OR SELL YOUR HOME OR YOU WANT YOUR FAMILY TO INHERIT IT. IF YOU ARE IN ANY DOUBT, SEEK INDEPENDENT ADVICE.
WE ARE A CREDIT BROKER, NOT A LENDER. WE WILL RECEIVE COMMISSION FROM LENDERS. DIFFERENT LENDERS PAY DIFFERENT AMOUNTS DEPENDING ON DIFFERENT COMMISSION MODELS. FOR TRANSPARENCY WE WORK WITH THE FOLLOWING COMMISSION MODEL: PERCENTAGE OF THE AMOUNT YOU BORROW AND RATE FOR RISK (THIS IS BASED ON THE RISK PROFILE Of THE BUSINESS) FURTHER DETAILS OF THE COMMISSION MODEL, CALCULATION AND AMOUNT WILL BE DISCLOSED TO YOU THROUGHOUT YOUR CUSTOMER JOURNEY.
Many people invest in HMO properties as they tend to generate higher rental yields compared to traditional buy to let properties.
With multiple tenants, the rental income from an HMO property is often more substantial, making it an attractive investment option for maximising returns.
This is a great opportunity to diversify your property portfolio and spread your risk across multiple tenants, rather than investing in a single property that houses an individual tenant.
Overall, HMO mortgages offer a compelling investment opportunity for those seeking higher rental yields, increased cash flow, and portfolio diversification in the rental property market.
The relationships we build with our customers are incredibly important to us. Hear what they have to say, and learn why people across the UK rely on Rapid Bridging time and time again.
Fast-track and quick bridging loans nationwide. Enquire today and we’ll get back to you within 10 minutes.
Rapid Bridging Ltd are a National Association of Commercial Finance Brokers (NACFB) Approved Member
WE ARE A CREDIT BROKER, NOT A LENDER. WE WILL RECEIVE COMMISSION FROM LENDERS. DIFFERENT LENDERS PAY DIFFERENT AMOUNTS DEPENDING ON DIFFERENT COMMISSION MODELS. FOR TRANSPARENCY WE WORK WITH THE FOLLOWING COMMISSION MODEL: PERCENTAGE OF THE AMOUNT YOU BORROW AND RATE FOR RISK (THIS IS BASED ON THE RISK PROFILE Of THE BUSINESS) FURTHER DETAILS OF THE COMMISSION MODEL, CALCULATION AND AMOUNT WILL BE DISCLOSED TO YOU THROUGHOUT YOUR CUSTOMER JOURNEY.
Rapid Bridging Ltd is authorised and regulated by the Financial Conduct Authority.
Rapid Bridging Ltd is entered on the Financial Services Register www.fca.org.uk under reference 716246. Registered in England under reference 09568514.
Head Office Address: Level 30, The Leadenhall Building, 122 Leadenhall St, London, EC3V 4AB. | Telephone: 0208 150 7528. Registered address: Level 30, The Leadenhall Building, 122 Leadenhall St, London, EC3V 4AB. The information contained within this site is subject to the UK regulatory regime and therefore is primarily targeted at consumers based in the UK. Should you have cause to complain, and you are not satisfied with our response to your complaint you may be able to refer it to the Financial Ombudsman Service, which can be contacted as follows.
The Financial Ombudsman Service, Exchange Tower, London, E14 9SR
