WHEN IS 75% IS NOT 75% – HOW MUCH DEPOSIT DO YOU NEED FOR AN HMO DEVELOPMENT FINANCE PROJECT

Traditional 25 year term mortgages are generally available to 75% LTV (loan to value). In some cases, even 80% and 85% LTV is possible. A common misconception is that the same rules apply for HMO development finance however, this is not usually the case. The key factor is that all mortgage lenders seek ways to […]