Imagine Finance
Multi-Unit Freehold Blocks
Invest in lucrative multiple self-contained units under one freehold title
Whether you are an experienced property investor or a buy-to-let investor looking to expand into the market, we can guide you through the whole process.
A multi-unit freehold block (MUFB) can be very profitable for landlords as they can offer higher yields than single tenant buy-to-let properties, meaning they can be a popular option for property investors.
A multi-unit freehold block mortgage can be more costly than a regular buy-to-let mortgage, but the potential profits may be worth the extra cost.
Many lenders will only offer a multi-unit freehold block mortgage to experienced landlords.
If your property has individual rooms but with shared living spaces and communal areas, you may require a Houses in Multiple Occupation (HMO) mortgage.
Regardless of your circumstances, Imagine Finance can offer free advice to help you understand the world of MUFB mortgages.
Frequently Asked Questions
What is a multi-unit freehold block?
A multi-unit freehold block consists of self-contained units, each with individual tenancy agreements as well as separate entrances and living spaces.
Examples of multi-unit freehold blocks include:
- Purpose built block of flats
- A house converted into flats
What are the benefits of a multi-unit freehold block?
You could get a higher rental yield than being a regular buy-to-let landlord for a single-tenancy property.
You may also decide to split the titles of each unit, allowing you to sell them individually.
Unlike an HMO mortgage, a licence is not required to separate each unit, saving you time and money on potential fees. However, if the property has not yet been converted, you may still need to obtain planning permission from the local council.
How will you support me through the process?
Whether you are a first-time multi-unit freehold block landlord or an experienced investor, we can offer free mortgage advice, help you purchase another property, or refinance your portfolio to improve your terms.
We also guarantee to compare the market to find you the best deal for your circumstances, with an impressive range of fixed rate and tracker mortgages available from top UK lenders.
Do you charge any upfront fees?
Have a chat with our experts today and start turning your dreams into reality.
Mr Wells
