A House of Multiple Occupancy (HMO) is a specialist asset class where a single property is subdivided and individually rented out to different people who share some common areas such as bathrooms and kitchens.

HMOs are different from purpose-built flat blocks, as they usually will have been converted from larger single buildings and may require licensing. We work with a range of specialist lenders who provide mortgages specifically for HMOs.

Click here for a diagram to help you decide if a client falls into the definition of a HMO

Click here to see our HMO factsheet


When done well, HMO BTL properties can offer stronger yields than simpler BTL properties for the experienced investor.

Who are they for?

Mortgages for HMOs are intended for experienced landlords who already have a few simple BTL properties, or an existing HMO, operating either as an individual or a business.

If your client is looking to take out a HMO mortgage under the name of a limited company should refer to our Limited Companies / Special Purpose Vehicles section.