Hi there,
I have been considering to purchase of mandatory HMO licensed property with 10 bedsits in a sought after location in London. Current landlord advises me that one of the bedsits is being occupied under Regulated tenancy. The property is generating an annual rent of 75k.
If anybody out there who could assist or guide me as to how the mortgage can be arranged with the regulated tenancy? Should I need to consider the commercial lenders/brokers due to HMO nature of property?
thanks
handshake):
I have been considering to purchase of mandatory HMO licensed property with 10 bedsits in a sought after location in London. Current landlord advises me that one of the bedsits is being occupied under Regulated tenancy. The property is generating an annual rent of 75k.
If anybody out there who could assist or guide me as to how the mortgage can be arranged with the regulated tenancy? Should I need to consider the commercial lenders/brokers due to HMO nature of property?
thanks
handshake):
