HMO BRIDGING FINANCE
MS Lending Group provides HMO Bridging Finance, our tailored solutions empower property landlords, investors and developers in the fast growing popularity of House in Multiple Occupation (HMO) investments.
What HMO Bridging Finance Is & What It's Used For
HMO bridging finance is a short-term loan designed specifically for investors in House in Multiple Occupation properties.
Unlike traditional mortgages, bridging finance provides rapid access to funds, helping investors quickly secure and develop HMO properties without the long wait times often associated with standard financing or traditional mortgages.
This type of loan is particularly useful for:
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Quick purchases: When you need to act fast to secure a HMO property time is of the essence, bridging finance can provide the funds within days.
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Refurbishments and upgrades: Bridging loans can cover costs for renovations, allowing you to enhance the property’s value and rental potential.
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Auction purchases: HMO bridging finance enables you to take advantage of auction opportunities, where quick funding is essential to act reactively.
HMO bridging loans make the perfect fit for anybody looking to invest without waiting around, we understand the frustration that may come with waiting for more traditional funding paths.
But, the good news is, you don’t need to take this route anymore, that is precisely why we are here.
We are here to ensure investors big or small, whether it is your first property or not, get to seize opportunity. Never miss another chance to capitalise on HMO properties with our help, get in touch to find out how we can discuss a personalised quote.
Eligibility of a HMO Bridging Loan
To be eligible for an HMO bridging loan with MS Lending Group, there are a few criteria to consider. We take every client on a case by case basis, since we are dealing with such large scale projects it is important that we take into consideration the likes of repayment schedules, affordability and exit strategies.
That being said, while the criteria may apply to you and your background, there are areas that are concerned by the property itself. For example, some things to consider include, but aren’t limited to:
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Type of property: We provide funding for a variety of HMO properties, from single units to larger multi-tenant buildings.
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The amount of borrowing: We offer flexible loan amounts to cater to different project sizes, ensuring that your investment gets the necessary financial support.
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Repayment / exits strategy: You should have a clear exit strategy in place, such as selling the property, refinancing, or converting to a long-term mortgage.
Our team will guide you through the eligibility assessment, making sure you understand all the requirements and can proceed with confidence.
Why Choose Us for Your HMO Bridging Finance?
At MS Lending Group we provide speed and efficiency, recognising the time sensitivity of property transactions, especially in the context of HMO finance. Our streamlined application process and efficient approval system ensure you receive the funds you need promptly.
As all HMO projects vary in scope and size we offer tailored terms that benefit from flexible terms that allow you to customise repayment schedules and structures based on your project's unique requirements.
Our competitive interest rates provide you with cost-effective financing to enhance the profitability of your HMO projects, making us a great choice for HMO finance. Plus, we offer both HMO development finance and HMO commercial finance depending on your specific situation and requirements.
We also offer expert guidance that helps you when navigating the HMO market, with experienced professionals who provide guidance and support at every step of the way. It doesn't matter if this is your first time availing of HMO finance or if you're a seasoned investor, we've got you covered.
At MS Lending Group we value transparency as we believe in transparent open communication. Our commitment to honesty means you can rely on clear terms without hidden fees or surprises, a key factor in successful HMO bridging finance.
Benefits of Bridging Finance for HMO Investments
The benefits of bridging finance for HMO investments span wide. We are proud to help and have helped numerous investors reach their goals and expand their portfolio by granting them the opportunity to act reactively in a competitive market.
Opting for HMO bridging finance brings several advantages, including but not limited to:
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Fast Funds: Fast access to funds, often within a few days, so you can act on opportunities without delay.
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Flexibility: Suitable for a range of HMO projects, from new developments to refurbishments and expansions.
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Short-term solution: Bridging loans are ideal for covering the gap between purchasing and longer-term financing, such as traditional mortgages.
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Tailored terms: Customisable repayment structures to fit your project timelines and budget, giving you more control over your investments.
If you’re looking to reap these benefits, then count on us at MS Lending Group to provide them, contact us today to find out more.
How to Start your HMO Investment Journey
The first step is to get in touch with us at MS Lending Goup today to arrange a consultation to discuss your project and financing needs with our expert team.
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The second step for you is to complete our application process for an eligibility assessment. Once this is approved all that's left to do is finalise the terms and receive funds in a timely manner for your HMO finance needs.
Our efficient speed allows you to put your HMO bridging finance to work normally within a few days, allowing you to bring your investment plans to life with the help of our specialised solutions.
Don't let financing constraints limit your potential, partner with MS Lending Group and unlock the power of our HMO bridging finance solutions, today.
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How Much Does Residential Bridging Finance Cost?Bridging finance rates depend on the loan to value, customers credit and the property type. To get started, contact our team and we'll get back to you within 24 hours with an agreement in principle.
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How Long Does a Residential Bridging Loan Take?We can complete in as little as 48 hours from enquiry to completion. Bridging loans are usually arranged within 24 hours and come with flexible repayment options so that repayments fit around your lifestyle and budget. The interest rate varies depending on many factors including how much money has been borrowed and how long the loan lasts for.
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Is an Exit Strategy Required on Application?An exit strategy is always required before committing to a bridging loan. It is important the lender knows how you plan to repay the finance whether this is through a sale or a longer term refinancing option.
MAKE AN APPLICATION
NO MINIMUM LOAN SIZE
MAX LOAN £3 MILLION
12 MONTHS AS STANDARD
18 MONTHS ON REQUEST
2ND CHARGES AVAILABLE
NO VALUATION
ON LOANS UP TO £500,000 ON RESIDENTIAL COMMERCIAL AND SEMI-COMMERCIAL PURCHASES.
DESKTOP VALUATION
ON LOANS UP TO £2 MILLION.
SUBJECT TO INTERNAL REVIEW
RESPONSIVE, RELIABLE & FLEXIBLE
NO Minimum Bridge Term • 2% Arrangement Fee • Exit Fee - 1 Month Interest