Our product of the month is a 2-year discounted rate HMO mortgage at 3.44%. The lender product fee is 1.5% of the loan amount, which can be added to the loan and there is no Early Repayment Charge.
This product was used in our case study this month and covered all of the key areas, including:
- First-time landlord
- Newly formed SPV
- 8-bed licensed HMO
- No Early Repayment Charges