Everything you need to know about Interest Only HMO Mortgages including what they are, the benefits, and how to get them.
A interest only HMO mortgage is a type of HMO mortgage where the borrower pays back only the interest associated with the HMO mortgage on a monthly basis, but not the capital. The capital gets repaid when the loan is redeemed or the property is sold.
It’s straightforward to get a Interest Only HMO Mortgage. To make life easy we always recommend you speak to a good HMO mortgage broker as HMO mortgage lending changes on a weekly basis, and a broker will be able to provide you with the most up to date HMO mortgage options. Feel free to check out our partners section.
If you’d like to reduce your monthly payments, by only paying the interest (not the capital/principle), then this is the correct product type for you.
Products designed specifically for this purpose
Allowing you to only pay the interest and not the capital
Simple products with great benefits
Find the best HMO mortgage rate for you
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CompareHMOMortgages.com provides a safe place for HMO property investors to get quotes from vetted, FCA authorised brokers and lenders. Since 2018 we've helped over 20,000 HMO property investors gain the professional mortgage advice they need. Thousands of HMO property investors still overpay for their HMO mortgages, be it through not having the best deal or not having their mortgage structured in an efficient manner. Thousands of pounds can be saved and financial freedom realised years earlier through having a better mortgage deal.
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