HMO deal builder
Screen an HMO purchase from bridge to refinance: what you need on day one, what you leave in, and what it earns each month.
Will the deal wash its face?
Costs through to refinance, with the licensing checks most calculators skip. Every default is editable — this is a starting point, not a valuation.
Acquisition & conversion
Income
Exit & refinance
Refinance is capped at the lower of LTV and ICR-stressed borrowing, both worked out on net rental income. Bridge sized as the day-one advance against current value plus the refurb budget, at 0.89%/month rolled over 6 months with a 1% fee. This is a screening tool, not a valuation — licensing and Article 4 checks are indicative only and must be confirmed with the local authority.
Take these figures with you
We'll email you a copy of this appraisal and a broker will look at whether the refinance stacks with a real lender.
How HMO investors use bridging
A typical HMO deal buys a house with a bridging loan, converts or refurbishes it into a licensed HMO, then refinances onto an HMO mortgage based on the new value, which for larger HMOs can be assessed on the rental income. Done well, most of the money comes back out at the refinance.
Check the licensing and Article 4 position with the council before you buy: it decides whether the HMO is allowed at all.
Frequently asked questions
How are HMOs valued for a refinance?
Smaller HMOs are often valued as a house with bricks and mortar comparables. Larger HMOs can be valued on their rental income, which can give a higher figure.
Can I bridge an HMO conversion?
Yes. Light and heavy refurbishment bridges fund purchase and works, subject to the lender's criteria, planning, licensing and a credible exit.
Got a deal in front of you?
Get indicative bridging terms on your case in a few minutes, or tell us about it and a specialist will come back to you.
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All finance is subject to the lender's assessment, case by case. Criteria, loan amounts, works funding and terms vary by lender and change without notice. DasLend is an introducer only. We pass enquiries to specialist lenders and FCA-regulated firms; we do not lend, advise or arrange finance. All figures are illustrative, not a quote or an offer. Property used as security may be repossessed if you do not keep up repayments.