Multi Unit Freehold Block Mortgages
For those wanting maximum return on their buy to let investments
Multi Unit Freehold Block Mortgages
Multi unit freehold block (MUFB/MUB) is a block of flats/units on a single freehold title.
Obtaining mortgages on a multi unit property is becoming more difficult in recent years as popularity grows for this type of investment. Offering larger returns, these investments come with a higher level of risk for both the lender and the landlord.
As an experienced brokerage our job is to work with our clients to marry them up with the best mortgage provider for their personal or business circumstances.
With access to 1000’s of products we are best placed to find not only the best deal, but ensure your mortgage application goes all the way through to completion. We’re with you every step of the way.
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What is a MUFB
A Multi unit freehold block is a property containing more than one home but on one freehold title.
You are unable to mortgage these homes separately, instead you need to find a lend which accepts multi unit properties
As the income you earn on a rental property is taxable, we recommend seeking independent advice from someone like your accountant, before purchasing a buy to let property.
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Does a MUFB mortgage cost more?
Generally the lenders who will consider such mortgage are a more specialist lender who is willing to entertain more complex deals involving higher risk which does mean the interest rates are higher than the high street typically.
Our specialist advisor team will ensure we find the best possible deal for you and your circumstances.
The Financial Conduct Authority does not regulate most buy to let mortgages.