HMO mortgages

Get an HMO mortgage for up to 12 lettable rooms
with Molo

We're here to simplify your mortgage experience

Ditch the long waits and the endless paperwork with an online HMO mortgage

Fully online

Being fully digital means we’ll review your application entirely online, saving your time & energy.

Up to 12 lettable rooms

One mortgage for up to 12 lettable rooms listed on the application.

Standard physical valuations

For properties up to 6 lettable rooms, our standard process valuation helps you avoid costly specialist valuations.

Dedicated underwriter

Our team of specialist underwriters will assist you in ensuring a smooth and systematic evaluation process for your property.

Am I eligible?

Eligibility for Molo mortgages depends on meeting certain criteria. For HMO mortgages these are

Your experience

We only lend HMO buy-to-let mortgages to landlords with at least 12 months’ experience. Therefore, you will need to have owned a buy-to-let and rented it out for at least one year in order to qualify for a HMO buy-to-let mortgage.

The property

The property is classed as an HMO if it's rented out by three or more people who aren’t related and form more than one household

Number of rooms

The HMO you’d like to buy can’t have more than 12 lettable rooms, and we’ll need to perform a red-book valuation on larger HMOs between 7 and 12 lettable rooms


An HMO licence may be required for some properties depending on local authority rules. If you have a large HMO with five or more tenants, you will be required by law to obtain a license before you can let the property.

How do I get a HMO mortgage with Molo?

See how much you can borrow in just a few minutes and start your application

Step 1
HMO mortgage deals
Tell us your annual income, value of the property, expected rental and annual income to see mortgage deals that match your search.
Step 1
Step 2
Get a Mortgage in Principle
See how much you can potentially borrow in just two minutes. Even better, it won’t affect your credit score.
Step 2
Step 3
Start your application
Once you’re happy with the mortgage in principle, you can start the application for your HMO mortgage, entirely online.
Step 3

Ready to get started?

Get a mortgage in principle to see how much you could borrow from Molo

What will I need?

Check your eligibility

Before beginning, make sure you meet the eligibility criteria above to improve your chances of being offered a mortgage with Molo.

Gather your facts

Molo has one of the most straight-forward mortgage applications out there, but we still need a fair amount of details to get going.

Depending on your application type, you'll need to know things like:

  • Personal details
  • Incomes
  • Credit commitments
  • Details about the property
  • Potential rental income

ID & Documents

We'll need to see proof of ID, as well as evidence of your incomes and financial status.

We ask for the following documents if applicable:

  • Proof of identity
  • Proof of address
  • Proof of income
  • Source of deposit
  • Residential status
  • Other mortgages
  • The property's EPC
  • Any additional borrowing
  • Proof of rental income
  • Details of your HMO

How will my mortgage application be assessed?

Once you’ve submitted your application, we’ll take these into consideration.

Financial assessment

We’ll assess your personal financial health. This is how much income you make annually, although there is no minimum requirement.

Credit check

A credit check allows us to gain insights into your financial stability. This process helps us understand your creditworthiness and commitment to fulfilling financial obligations.

Property assessment

We’ll assess the property you intend to buy. This will likely involve a property valuation to ensure it’s worth the amount you intend to borrow and the predicted rental income..

Rental income assesstment

The potential rental income from the property needs to be between 125-145% of the mortgage payment.

Professional, knowledgeable and quick to sort out the query. Impressive.
United Kingdom • 18 October 2023
Hossein was very quick and knowledgeable about HMO criteria, he came back to me very quickly and even linked prior knowledge of cases to my case to give me a better understanding.
United Kingdom • 20 January 2022

Save even more with a Savings Booster account from Molo

With a linked Savings Booster overpayment account, the more you save, the lower the interest charges you pay on your mortgage. For example:

Mortgage balance



Savings Booster



Interest paid on


Mortgage balance



Savings Booster



Interest paid on


offset mortgages uk