About HMO Mortgage Calculator
What an HMO mortgage costs once voids, bills and licensing are in the numbers
What is on this site
One question, "hmo mortgage calculator", answered with a calculator that works on the page with no account, 4 guides on the questions around it, a data table you can cite (the figures and their method), and the sources every figure rests on.
- HMO licensing, and what it does to your mortgage: Mandatory licensing starts at 5 tenants in more than one household, councils can go further, and lenders care because an unlicensed HMO is an uncertain income.
- HMO rental cover: gross, net and the stress rate: Lenders test gross rent at a stressed rate. Landlords should test net rent after bills and voids. Why the two figures diverge so far on an HMO.
- Why HMO lenders decline before they price: Room count, Article 4 directions, planning use and experience decide whether a case is looked at. What to establish before paying for a valuation.
- HMO mortgage rates and brokers: what sets the price, and who is regulated: Why no public source sets an HMO mortgage rate, what a lender is actually pricing, and the regulatory line between consumer and business buy-to-let.
Reach us
Contact for a question about the site, or enquiries@hmomortgagecalculator.co.uk. The legal terms are on Terms and Privacy.
HMO Mortgage Calculator is an independent introducer site operated by Ellul Solutions Ltd. We are NOT authorised or regulated by the Financial Conduct Authority, and we are neither a lender nor a broker. We do not advise, arrange or recommend any mortgage, facility or firm: we introduce you to lenders and brokers by passing your details to them, and they deal with you directly. We may be paid a commission for that introduction by the firm we introduce you to, and it never changes what you are quoted. Nothing here is financial, legal or tax advice. No rate or margin is published on this site because HMO lending is priced per case against the property, the licensing position, the rental cover and your experience, and no public source sets a market rate. Licensing requirements depend on the property and on your local council, and this site points you at gov.uk guidance and at your council rather than answering that question for you. Buy to let and HMO lending to a company or on a property you do not occupy is normally outside FCA regulation, so the Financial Ombudsman Service and Financial Services Compensation Scheme may not be available to you. Check any lender or broker on the FCA's Financial Services Register before sending documents or paying anything.