Revolution Finance Brokers
Jubilee House, The Drive, Great Warley, CM13 3FR Brentwood (United Kingdom)
09/12/2019
About Revolution Finance Brokers
Revolution Finance Brokers help business owners throughout the UK in commercial, business and property finance. Our job is to remove the ever-increasing number of hurdles that are put in your path by lenders.
Investing in an HMO property might seem like an attractive option, yielding a higher rental income than standard buy-to-let. Despite a slight dip in average HMO rental yields, they are by far the most profitable type of buy-to-let and they are becoming increasingly popular with investors.
Profits can reach up to three times as high as single lets, and the average yield in 2018 was 8.6%, compared with 5.6% for vanilla buy-to-lets, according to the latest index. And as the population increases, the demand for more affordable accommodation is at an all-time high.
But the added income comes with more responsibility, and hefty penalties for getting it wrong. We take a look at what being an HMO landlord entails, and how to go about getting a mortgage for this type of property.
Address & Location
Revolution Finance Brokers
Jubilee House, The Drive, Great Warley
CM13 3FR Brentwood
United Kingdom
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