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Commercial HMO Mortgages
Commercial Property Conversion in Leeds
Successfully arranged financing for converting a commercial building into a 12-bedroom HMO in Leeds city center.
Key metrics
- Loan amount
- £455,000
- Interest rate
- 5.1%
- Time to complete
- 12 weeks
- Bedrooms
- 12
- LTV
- 70%
- Location
- Leeds City Center
The Challenge
The property required planning permission for change of use from commercial to residential. The size and city center location made it challenging to find suitable lenders.
Our Solution
We worked with Michael through the planning process and secured development finance for the conversion. Once completed, we arranged long-term commercial HMO financing.
Testimonial
“The expertise in commercial HMO financing was crucial to this project's success. The team understood the complexities of city center developments and found lenders who shared our vision.”
Free initial review
Speak to an HMO specialist
30+ specialist lenders compared. Open 8am to 8pm, Monday to Saturday.
4.9/5on Google
Call 0203 970 4113