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Multi-Unit Block (MUFB) Mortgages

Are you looking to buy a block of flats under one title?

Navigating the complexities of arranging finance for multi-unit freehold blocks can seem daunting without specialist help. Drawing from their expert market knowledge and over two decades of building a strong network of industry contacts, our team of expert consultants are here to help.

What our clients say

“Private Finance provided excellent service securing a remortgage for my property even though it was not a straight forward case. They always kept me updated and was on hand to help and deal with any issues arising. Would definitely recommend Private Finance for their services, offering guidance and support throughout the whole process.”

“Private Finance worked incredibly hard to secure our business re-mortgage. They were always calm, professional, polite and ready to wade in on our behalf when things stalled. We would happily recommend them, and look forward to maintaining our relationship. Many thanks!”

“Outstanding services in our mortgage search, during a weird environment of fast-changing market conditions. The team has always been super responsive, very clear in their replies to all questions we had along the process, and managed to get us extremely good deals on various mortgage products. I can only strongly recommend them for your mortgage search!!”

“Private Finance provided excellent service securing a remortgage for my property even though it was not a straightforward case. They always kept me updated and was on hand to help and deal with any issues arising. Would definitely recommend Private Finance for their services, offering guidance and support throughout the whole process.”

“Professional and proactive advice and service – secured me an amazing rate on my mortgage. The team were great with their communication and I always felt confident that things were progressing – completely took away any anxiety from a stressful process!”

“Private Finance have been fantastic in finding me the right provider and the right price. We have used them twice now, and both times the communication was fantastic, the options explained, and the rest of the paperwork dealt with. Would highly recommend.”

Expert Mortgage Advice for Multi-Unit Freehold Blocks

With first-hand landlord experience, our expert buy-to-let consultants have the in-house expertise to understand the challenges faced by landlords today. We pair this first-hand experience with vast industry knowledge to help you find an edge in today’s challenging market.

Thousands of landlords trust us with their buy-to-let mortgage needs.

Here are some of the reasons why:

Experience and Expertise

Not only have our consultants arranged thousands of buy-to-let mortgages, but many of them are actually landlords themselves. They use this first-hand experience to understand the nuances of your situation – and then tailor a solution that works for you and your portfolio.

Relationships

We’re an independent, whole-of-market broker, with strong ties to high-street and private banks, as well as other specialist buy-to-let lenders with direct access to the decision makers. We survey the entire market, leaving no stone unturned to find the right mortgage solution for you.

Service

With an average rating of 4.97/5 from more than 1,800 reviews, we offer an outstanding client experience. We insulate you from the rigmarole of the mortgage process so that you can stay focussed on your investments.

Please remember your home may be repossessed if you do not keep up repayments on your mortgage. The Financial Conduct Authority does not regulate commercial finance and some forms of buy-to-let mortgages.

What is a multi-unit freehold block (MUFB)?

A multi-unit freehold – or multi-unit freehold block (MUFB) can sound complex. In its simplest definition, MUFB means a property split into multiple units on one freehold title. Each unit is self-contained with its own private entrance and separate AST (Assured Shorthold Tenancy). Each unit will have its separate Assured Shorthold Tenancy in place. MUFBs differ to Houses in Multiple Occupation (HMO) properties as HMO’s share the kitchen facility, bathroom and communal space with at least three other tenants.

A MUFB may include:

a block of flats
a row of terraced houses
a house converted into flats

Multi-Unit Mortgage Rates and Terms

The choice of lenders offering a MUFB mortgage is less than a conventional buy-to-let mortgage.

Each lender has their own criteria and interest rates can be higher than other buy-to-let products.

We are here to explore the right solution for you and know which lenders will lend.

What are the benefits of owning Multi Unit Freehold Blocks?

Spreads the risk

With multiple units to let, your exposure to rental voids is shared between the units. If one tenant leaves, you continue to receive the remaining rental income from the other units.
Yields

Rental yields are generally higher than a typical buy-to-let.
No licensing

Unlike HMOs, you do not need a licence.

It is important to note, there are also pitfalls and MUFBs generally suit more experienced landlords who know the market well.

Expert mortgage advice you can trust

Call us on 0800 980 8777 or Arrange a call back or

Multi-Unit Freehold Block FAQs

What’s the difference between a multi-unit freehold block and an HMO property?

A house of multiple occupation (HMO) will have shared facilities. A MUFB will be a property divided into self-contained units with their own kitchen and bathroom facilities.
Can you get a MUFB as a limited company?

Yes. Like a normal buy to let, you can own the property as a limited company.
What are ASTs?

An AST stands for Assured Shorthold Tenancy. Each unit will have its separate Assured Shorthold Tenancy in place.
What properties can be a MUFB?

Properties can be purpose built as an MUFB or converted into one.

How can we help you?

We invite you to get in touch via a free, no-obligation initial consultation.