Jump to content

Worth splitting to refinance? 6-bed HMO or 4-bed HMO + 1 bed flat?


Recommended Posts

Hi all, I'm about to purchase a 4-bed house with a 2-room basement. I'd like to maximise my monthly return AND pull out cash for another purchase.

 

My question is, do I:

a.) create a 6-bed HMO, or

b.) create a 4-bed HMO + 1-bed flat? 

 

I've checked with local planning, building control & HMO team, both options are doable.  Return on both options would be similar. But what about refinancing? Would either option work best for maximising how much cash I can pull out? Anything I need to watch out for / push for? All experience / suggestions welcome?

 

I'm scratching my head, and not getting anywhere....thanks :) 

Link to post

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...