I'm looking at an HMO conversion; does the required deposit percentage for a buy-to-let mortgage differ significantly for HMOs compared to a single-let property, especially given the increased risk profile?
Quick Answer
HMO buy-to-let mortgages generally require larger deposits, often 25-30%+, due to higher perceived risk and specialised lending criteria, contrasting with 20-25% for single-lets.
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HMO mortgages typically require a 25-30% deposit due to higher risk vs. 20-25% for single-lets. Learn why and how to secure funding.
This question is part of our Financing & Mortgages category, providing expert guidance on UK property investment.
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