Michael Boxford

Registered with Property118.com
Wednesday 11th March 2015


Latest Comments

Total Number of Property118 Comments: 3

Michael Boxford

11:49 AM, 12th November 2016
About 3 years ago

How do Mortgage Companies value an HMO?

Reply to the comment left by "Howard Reuben" at "12/11/2016 - 11:06":

Howard

We have spoken before when I found your comments to be very helpful and informative. I can see that it would be important to have access to insider knowledge of the lending market and who is likely to be amenable to a HMO proposal particularly if one is looking for a valuation above the single family home value.... Read More

Michael Boxford

10:43 AM, 11th November 2016
About 3 years ago

How do Mortgage Companies value an HMO?

Reply to the comment left by "Neil Patterson" at "10/11/2016 - 13:14":

Hi Neil
Thanks for your comments. I can see that using a mortgage broker who knows suitable lenders will be key.
Mike... Read More

Michael Boxford

10:41 AM, 11th November 2016
About 3 years ago

How do Mortgage Companies value an HMO?

Hi Graham

Thank you for your comments. As I suspected it is decided on a case by case basis probably depending on the quality of the HMO conversion and it's ongoing commercial viability decided by factors such as demand in that location.

Mike... Read More