The specialist lender's buy-to-let brand, 'Solutions by Foundation' is aiming its latest products at landlords with properties which are slightly more complex than a normal HMO.
The percentage of buy-to-let business taken up by houses in multiple occupation is steadily growing, as more landlords look to diversify their portfolios.
To date, a total of 46 fines amounting to over £250,000.00 have been issued to landlords who have failed to license their houses in multiple occupation.
Finding a ready-made HMO for sale in the capital can prove more than challenging, as they rarely come up for sale, meaning investors likely need to convert a residential home into an...
While the average HMO conversion cost may come in at as much as £41,000, it could prove a worthwhile investment in the long run, according to new research.