If I want to purchase an HMO in Leeds for £350k, does the required BTL deposit percentage differ significantly compared to a standard single-let property, and why?
Quick Answer
HMOs often require larger BTL deposits, typically 25-30%, due to higher complexity and lender-perceived risk compared to single-lets at 20-25%.
About This Topic
HMOs in Leeds often require 25-30% BTL deposits due to higher risk & specialist lending, impacting upfront costs. Standard BTLs are 20-25%.
This question is part of our Financing & Mortgages category, providing expert guidance on UK property investment.
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