How much deposit and financing will I need if converting a property into a multi-room HMO?
Quick Answer
For an HMO conversion, you’ll typically need a 25-30% deposit for the purchase, plus funds for conversion costs (often 20-30% on top of the property value, depending on scale). Specialist HMO mortgages are essential, requiring you to finance both the acquisition and the refurbishment.
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Discover how much deposit and financing you'll need for a UK HMO conversion, including property acquisition, refurbishment costs, and mortgage options.
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