BTL mortgages tailored for HMO properties are commonly known as HMO mortgages.
These specialised mortgages are utilised for purchasing HMO properties.
Affordability assessments for such mortgages are based on rental income.
It's essential to finance HMO properties with dedicated HMO mortgages and brokers that understand how HMO works.
If you're unfamiliar with HMO lending, seeking assistance from a specialist HMO mortgage broker is advisable.
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