What are the key features of Sourced's HMO (House in Multiple Occupation) mortgages?
Sourced's HMO (House in Multiple Occupation) mortgages come with several key features designed to support property investors in maximizing their returns. Here are some of the standout features:
Competitive Interest Rates: Sourced offers competitive interest rates tailored to the unique needs of HMO investments, helping investors manage their costs effectively
Flexible Loan Terms: Investors can choose from a range of loan terms, providing flexibility to align with their investment strategy and financial goals
High Loan-to-Value (LTV) Ratios: Sourced provides high LTV ratios, allowing investors to borrow a significant portion of the property's value. This can be particularly beneficial for those looking to leverage their investments
Specialist Underwriting: The underwriting process is handled by specialists who understand the complexities of HMO properties. This ensures a smoother and more efficient approval process
Support for Large and Small HMOs: Whether you're investing in a small HMO or a larger property with multiple tenants, Sourced has mortgage products that cater to both scenarios
Tailored Advice and Support: Sourced's team of experts provides personalized advice and ongoing support throughout the mortgage application process and beyond, helping investors navigate any challenges that arise
These features make Sourced's HMO mortgages a robust option for investors looking to maximize their rental income and achieve their investment goals.