Mortgages For Bedsits

Mortgages For Bedsits

Mortgages For Bedsits - Mortgages for bedsits are mortgages available for properties with bedsits and may cover other house in multiple occupation (HMO) properties. Bedsits are usually defined as a HMO and mortgages for bedsits may be identical to HMO property loans. As a result, mortgages for bedsits are often available from mainstream lenders. However, niche lenders may offer the flexibility needed for many borrowers’ needs. For example, High Street lenders may place restrictions on the size of a bedsit and the landlord experience of mortgages for bedsits applicants.

Depending on your long term goals for your property investment, there are usually a range of mortgages for bedsits deals to suit different requirements. For example, interest rate only repayment mortgages for bedsits may allow investors to repay the principal of the loan on redemption. Flexible packages can enable borrowers to repay capital early to avoid going into negative equity. In addition, bedsits can produce a relatively high yield so it may be prudent to pay off some capital to protect your finances if the property is unoccupied for a period. Flexible mortgages for bedsits may allow a mortgage holiday for this period if extra capital has been paid off previously.

As an established mortgage broker specialising in mortgages for bedsits, we have the knowledge and expertise required to secure the ideal mortgage for you. Our personalised service is designed around your individual needs. This ensures that the mortgages for bedsits we recommend are the most suitable and affordable for you.

We use our comprehensive panel base to source mortgages for bedsits from a range of providers and can explain the financial implications of various packages. Our advisers analyse the available deals holistically to ensure we recommend the most cost effective package, beyond the headline rate. We can save you time, money and hassle.

If you need any assistance why not speak to one of our Mortgage Advisers by calling 020 77 100 400 or Enquire Online.

For premium mortgages for bedsits advice and assistance, call us today.

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