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Portfolio Mortgage
Definition
A single mortgage that covers multiple properties, simplifying management and potentially offering better rates for experienced landlords.
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A portfolio HMO mortgage is designed for landlords with multiple HMO properties, offering more flexible terms.
Was this helpful?Most lenders require at least 4-5 properties to qualify for a portfolio HMO mortgage.
Was this helpful?Benefits include more flexible terms, simplified administration, and potentially better rates.
Was this helpful?Portfolio HMO mortgage rates are typically 0.25-0.5% lower than standard HMO mortgages due to reduced lender risk and simplified administration.
Was this helpful?Management includes centralized administration, standardized processes, bulk purchasing, and often professional property management services.
Was this helpful?Most lenders require a minimum 25-30% deposit for portfolio HMO mortgages, though some may accept 20% for experienced landlords with strong portfolios.
Was this helpful?Criteria include minimum number of properties, landlord experience, strong financial position, portfolio performance, and adequate rental income across all properties.
Was this helpful?Apply through specialist lenders with portfolio details, property valuations, rental income evidence, and comprehensive business plan showing portfolio strategy.
Was this helpful?You'll need proof of income, bank statements, portfolio details, property valuations, rental income evidence, HMO licenses, and comprehensive business plan.
Was this helpful?Portfolio HMO mortgage applications typically take 8-12 weeks due to multiple property assessments, complex portfolio analysis, and potentially more thorough lender evaluations.
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