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Large HMO Mortgages
Birmingham School to 16-Bedroom HMO
Secured large HMO mortgage for converting a former Birmingham school into a 16-bedroom accommodation facility.
Key metrics
- Loan amount
- £840,000
- Interest rate
- 5.2%
- Time to complete
- 11 weeks
- Bedrooms
- 16
- LTV
- 70%
- Location
- Birmingham
The Challenge
School conversions have unique layouts and planning considerations. Large HMO licensing for educational buildings requires specialist knowledge.
Our Solution
We found a lender experienced with educational building conversions who understood the advantages of the existing layout and facilities.
Testimonial
“The school's existing layout was perfect for HMO conversion. Large classrooms became excellent bedrooms and the communal areas work brilliantly.”
Free initial review
Speak to an HMO specialist
30+ specialist lenders compared. Open 8am to 8pm, Monday to Saturday.
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Call 0203 970 4113