According to a recent press article; sectioning a family home into a bedsit or house of multiple occupation is not the biggest earner in buy-to-let as many are led to believe
According to a recent press article; sectioning a family home into a bedsit or house of multiple occupation is not the biggest earner in buy-to-let as many are led to believe.
However Multi-Unit freehold blocks, involving buying a block of flats or converting a building into multiple apartments, earned investors 9.3% in gross rental yields between October and December 2014.
These figures are based upon thousands of real transactions made since 2011. Some buy-to-let investors may not know that there are mainstream lenders that will lend on multi unit properties as well as HMO’s so don’t discount these types of property on the basis that they may be hard to obtain a mortgage against, just run the deal by us and we’ll let you know your options.
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