Mortgage Lane has partnered with Shawbrook Bank to offer access to valuation instructions over house in multiple occupation (HMO) mortgage products.
The partnership with Shawbrook Bank will allow Mortgage Lane to have more control over valuation instructions and offer borrowers market value investment valuations based on yield.
This will enable customers to have their multiple occupancy properties valued more effectively.
HMO mortgages provide flexible options based on property size, tenant type, and configuration.
To assist applicants, Mortgage Lane has information on its website regarding available products for both new investors and existing HMO owners looking to remortgage.
It covers various property types, including student accommodation and social housing.
Mortgage Lane’s website also features an HMO mortgage calculator to help potential investors estimate their mortgage payments, which aids in informed decision-making.
It also offer additional options such as bridging, buy-to-let, and commercial mortgages.
