HMO Mortgages in Woking

🏘️ Planning to finance an HMO in Woking? From commuter house shares near the station to larger student properties in Knaphill or Horsell, we help landlords meet lender criteria and prepare applications. Where formal advice is needed, we’ll connect you with an FCA-regulated adviser experienced in HMOs.

Our Support

• 📑 Outline HMO-specific lender requirements
• 🏠 Compare personal vs. SPV ownership structures
• 📊 Explain rental stress tests and yield thresholds
• 📝 Prepare key paperwork: ASTs, licences, rental comps

Lender Considerations

• 💵 Deposits: Often 25–35%
• 👤 Experience: Prior landlord history preferred
• 📈 Rental cover: Stricter than standard BTL, often 145%+
• 📜 Licensing: Local authority requirements must be met

Local Notes

📍 In Woking, strong commuter demand supports professional HMOs. Lenders review EPCs, compliance and local licensing; good evidence of demand and rent supports smooth approval.

HMO FAQs

❓ Do I need planning permission?

Sometimes — smaller HMOs may be permitted development; larger ones often need planning/licensing.

📂 Can I finance an unlicensed HMO?

Lenders normally want licence approval or evidence it’s in progress.

🎓 What about student HMOs?

Some lenders accept; others prefer professional tenants — criteria vary.

🔄 Can I remortgage an HMO?

Yes — subject to rental yield, licensing and valuation.

Next Steps

🚀 Tell us about your Woking HMO and we’ll connect you with an FCA-regulated adviser to outline suitable mortgage options.