Since 2008 ClosedBridgingFinance have pioneered the HMO (House of Multiple Occupancy) Bridging Finance Strategy enabling experienced professional property investors to buy a property, convert it into an HMO and leave Low to No Money Left In. You recycle your funds and repeat the process to build a high yielding HMO portfolio with little to low money left in each property. It’s the power of Leverage.
You need cash to fund the deposit and refurbishment costs including legals, stamp duty, bridging fees and furnishings, within 3 months you can pull most of thecash back out of the deal using our Commercial Finance facility. Call 08456 440 911 for more information.
We use a combination of your cash and short term bridging funds to purchase a property that can be converted into an HMO that meets all HMO legislation with the local authority in the area. Prior to the purchase, we arrange for an Exit with a Commercial Lender. This gives you certainty and peace of mind.
As all good investors know, cash is king, HMO’s can generate significant cash flow compared to single lets.
Call: 08456 440 911 for a tailored illustration for your project today.