Looking for HMO Mortgage in Manchester? Then look no further.
We have whole of the market access allowing us to find our customers the best possible deal.
Manchester's rental market has grown alongside its booming city-centre apartment sector, with strong, sustained demand from young professionals, students and inward investors alike. HMO lending in Manchester requires a lender who understands local licensing requirements and the specific demand drivers behind the city's shared housing market.
At Raise the Bridge, we specialise in HMO mortgages across Manchester and the surrounding area, so we understand exactly what's needed to get a mortgage application for a licensed HMO property approved.
Manchester has an Article 4 Direction affecting HMOs.
Manchester City Council has a city-wide Article 4 Direction, in force since 8 October 2011, introduced in response to the spread of HMOs — particularly student house-shares — into traditionally family-housing areas. It means a planning application is required anywhere in the city to convert a family home (Use Class C3) into a small HMO for 3–6 people (Use Class C4). The council is unlikely to approve a conversion where there's already a high concentration of shared housing nearby.
Planning and licensing rules can change, and exact area boundaries matter — always confirm the current position for a specific property before relying on it.
Check the current position with Manchester City Council
We offer a range of financing options tailored specifically for HMO investments, including acquisition loans and refinancing.
Our team of experienced professionals understands the nuances of the HMO market and can provide valuable insights and advice.
We know that time is of the essence when it comes to seizing investment opportunities. That's why we've streamlined our application process.
Upon approval, funds will be disbursed according to your financing requirements, allowing you to move forward with confidence.
HMO stands for House in Multiple Occupation — a property let to several tenants from more than one household who share facilities such as the kitchen or bathroom.
Lenders need more information about the property and usually require it to be fully licensed with the local council, which most standard buy-to-let lenders aren't set up to assess.
Licensing requirements vary by council and by how many people the property is let to — we can talk through what applies to your property before you apply.
You'll speak to an HMO mortgage adviser, complete a short application, and we submit it to our panel of UK lenders to find the most competitive rate for your property.
HMO mortgages arranged for investment purposes are typically unregulated. Raise Commercial Ltd is not authorised or regulated by the Financial Conduct Authority. We arrange unregulated commercial and investment property finance only.
