Welcome to Advocate Finance, your premier source for HMO Mortgage Brokers in Suffolk.
We specialise in creating tailored financial solutions for property investors. Our services are designed to meet the diverse needs of our clients, whether you’re seeking expert advice on HMO mortgages in Suffolk or require specific solutions for unique investment opportunities.
As a leading HMO mortgage broker in Suffolk, Advocate Finance offers a broad range of services:
Advocate Finance is a trusted and knowledgeable HMO mortgage broker in Suffolk. Whether you are new to property investment or looking to expand your portfolio, our team is dedicated to providing the best financial solutions tailored to your needs.
Choose Advocate Finance for a streamlined and successful property investment journey in Suffolk.
HMO mortgages typically involve various fees, including lender arrangement fees, valuation fees, and broker fees.
The deposit for an HMO mortgage usually ranges from 15% to 35% of the property’s value, however, the lower the deposit the higher the interest rate will be. If you’re looking for a lower interest rate, a higher deposit will be required.
The deposit for an HMO mortgage usually ranges from 15% to 35% of the property’s value, however, the lower the deposit the higher the interest rate will be. If you’re looking for a lower interest rate, a higher deposit will be required.
Interest rates for HMO mortgages depend on factors like property value, rental income, and the investor’s financial profile.
Planning permission requirements vary depending on the property and location. It’s advisable to check with the local council in Suffolk for specific regulations.
An HMO property must meet certain standards, including room sizes and safety regulations.
The number of kitchens and bathrooms required in an HMO depends on the number of occupants and the property’s size.
While some lenders may require previous landlord experience, there are options available for first-time investors.
Come and see us at our Colchester office located at Office 5, Aster House, Lanswoodpark Business Centre, Broomfield Road, Elmstead Market, Colchester, Essex CO7 7FD.
Contact us on 01206 544333
Important Information
ANY PROPERTY USED AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
We are a credit broker not a lender.
Advocate Finance Ltd, registered at 55 Crown Street Brentwood, Essex CM14 4BD. Company Register number is 05579380. Authorised and Regulated by the Financial Conduct Authority. Our FCA registration number is 592830.
You can check via www.fca.org
We are registered with the ICO, Z1654205 and you can check via www.ico.org.uk.
We conduct both regulated and unregulated business and therefore not all products provided through us are regulated by the Financial Conduct Authority. We source mortgages and loans from a panel of lenders.
We may receive a commission that will vary depending on the lender, product, the amount borrowed or other permissible factors.
Advocate Finance is a mortgage and finance brokerage firm that specializes in securing loans and mortgages for various types of properties, including single properties, large portfolios, commercial sites, and development projects. They assist clients regardless of credit history, circumstances, or legal ownership, aiming to provide tailored financing solutions