Sutton March 2017 Meeting
Funding and re-financing HMO properties – Howard Bowes
The funding and refinancing of HMO properties has become a hot topic with the rapid growth of investors developing their HMO portfolios.
Howard Bowes, Managing Director of Harvey Bowes Limited, specialist HMO and development finance brokers, shares his expertise in how to fund and refinance HMO's.
Howard delivers the key differences between multi-let and HMO in the eyes of the lenders and shows how to both maximise the leverage where possible and also how to refinance within 6 months of purchase when required.
The presentation also covers the key differences that facilitate a property being valued a business based on its income instead of the pure bricks and mortar value