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Multi Unit Freehold
Multi-Unit Freehold HMO Conversion
Arranged financing for converting a large property into a multi-unit freehold HMO in Manchester.
Key metrics
- Loan amount
- £840,000
- Interest rate
- 5.3%
- Time to complete
- 12 weeks
- Bedrooms
- 16
- LTV
- 70%
- Location
- Manchester
The Challenge
The property required planning permission for conversion into multiple self-contained units. The scale and complexity of the project required specialist financing.
Our Solution
We secured a multi-unit freehold mortgage that covered both purchase and conversion costs. The lender provided staged funding and worked with us through the planning process.
Testimonial
“The complexity of this project required a lender who understood multi-unit developments. The team's expertise in this niche area was invaluable.”
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