Mortgage Lane has announced a strategic partnership with Shawbrook Bank, aimed at enhancing mortgage options for House in Multiple Occupation (HMO) properties.
- This collaboration grants Mortgage Lane increased control over valuation instructions, allowing for market value investment valuations based on property yield.
- Borrowers will benefit from improved valuation processes, enabling more efficient assessments of their multi-occupancy properties.
- The partnership provides flexible mortgage options tailored to property size, tenant type, and configuration, thus broadening investor opportunities.
- Mortgage Lane’s online resources, including a mortgage calculator, offer valuable insights and financial planning tools for new and existing HMO investors.
In a significant move to bolster its mortgage offerings, Mortgage Lane has partnered with Shawbrook Bank, focusing on enhancing the valuation instructions for HMO mortgage products. This alliance provides Mortgage Lane with an expanded ability to manage valuation instructions, thus equipping potential borrowers with accurate market value investment valuations grounded in yield assessments.
The collaboration is designed to streamline the valuation process for multi-occupancy properties, ensuring that borrowers receive precise and efficient property evaluations. This advancement is expected to help borrowers better understand the worth of their properties, ultimately aiding in informed investment decisions.
Through this partnership, Mortgage Lane offers flexible HMO mortgage options, which are customised according to the size of the property, the type of tenants, and the configuration of the living spaces. This aspect of the offering facilitates a wide range of investment opportunities for property investors, tapping into various market segments such as student housing and social housing.
Mortgage Lane has further enhanced its support for investors by providing comprehensive online resources. These include a detailed HMO mortgage calculator to assist potential investors in estimating their mortgage commitments effectively. The platform also offers extensive information on diverse mortgage products aimed at both new entrants into the HMO sector and existing property owners seeking to remortgage.
Moreover, the resources available through Mortgage Lane’s website extend beyond HMO mortgages, offering insights into bridging loans, buy-to-let options, and commercial financing, providing a holistic financial planning toolkit.
The partnership effectively empowers Mortgage Lane to offer enhanced, precise, and diversified mortgage solutions for HMO properties.
