Saffron launches new large HMO buy-to-let product

Saffron for Intermediaries has launched a new large HMO buy-to-let product, giving brokers greater flexibility when supporting experienced landlords with complex, higher-yield HMO strategies.

The new product offers criteria tailored specifically to the needs of larger HMO portfolios. 

Key features include a maximum loan size of £3 million up to 70% LTV, no maximum number of bedrooms, student lets accepted, and no minimum income requirement.

The product is available to landlords borrowing in their personal name or limited company ownership.

The launch builds on Saffron’s wider buy-to-let enhancements announced last month, which expanded limited company ownership across the range – including expat buy-to-let – introduced a new standard HMO category, and removed several key barriers to entry for experienced landlords.

Tony Hall, head of business development at Saffron for Intermediaries, said: “We’re pleased to introduce greater flexibility for brokers supporting clients with more ambitious HMO strategies. With no maximum number of bedrooms and loans up to £3 million, this new large HMO product gives brokers the headroom to place larger, more complex cases with confidence.

“It builds on the wider enhancements we’ve made across our buy-to-let range and reflects our ongoing commitment to evolving our criteria in line with broker feedback, delivering practical solutions that reflect how landlords are really investing.”