Revolution Finance Brokers
in Brentwood, United KingdomCategory: Mortgage Broker
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Address details
Jubilee House, The Drive, Great Warley, CM13 3FR, U Print route »Business hours
Mon - Fri: 9 AM to 6 PMSat: 9 AM to 2 PM
Info
We are UK based finance Advisors offering business & property finance brokers services. Call 0203 326 0197 for a free finance advice.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.

+443303043040
