---
title: "Can I get an HMO mortgage on a 10-bed HMO without experience?"
description: "Yes, it is possible to get an HMO mortgage on a 10-bed HMO without experience, but it comes with certain conditions. Lenders typically offer higher lending rates for such high-risk investments. You can expect a Loan-to-Value (LTV) ratio of up to 75%."
url: "https://mortgagelane.com/guides/hmo-mortgage-no-experience/can-i-get-an-hmo-mortgage-on-a-10-bed-hmo-without-experience"
site: "Mortgage Lane"
collection: "guides"
date: "2026-03-30"
author: "Seren Norton"
category: "Mortgage guide"
reviewed: "2026-03-30"
reading_time: "2 min"
byline: "Seren Norton"
author_credentials: "CeMAP · FCA authorised firm"
language: "en-GB"
robots: "index,follow"
---

# Can I get an HMO mortgage on a 10-bed HMO without experience?

Yes, it is possible to get an HMO mortgage on a 10-bed HMO without experience, but it comes with certain conditions. Lenders typically offer higher lending rates for such high-risk investments. You can expect a Loan-to-Value (LTV) ratio of up to 75%.

Yes, it is possible to get an HMO mortgage on a 10-bed HMO without experience, but it comes with certain conditions. Lenders typically offer higher lending rates for such high-risk investments. You can expect a Loan-to-Value (LTV) ratio of up to 75%.

[HMO mortgage](https://mortgagelane.com/definitions?term=hmo-mortgage)

Buy-to-let

A mortgage for a property let as a house in multiple occupation, subject to the lender’s HMO criteria.

[Read the full definition of HMO mortgage](https://mortgagelane.com/definitions?term=hmo-mortgage)

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[HMO Mortgage No Experience](https://mortgagelane.com/insights/hmo-mortgage-no-experience)

Related definitions

[HMO mortgage](https://mortgagelane.com/definitions#def-hmo-mortgage)

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[Mortgage](https://mortgagelane.com/definitions#def-mortgage)

## Can I get an HMO mortgage on a 10-bed HMO without experience?

Yes, it is possible to get an HMO mortgage on a 10-bed HMO without experience, but it comes with certain conditions. Lenders typically offer higher lending rates for such high-risk investments. You can expect a Loan-to-Value (LTV) ratio of up to 75%.

**Interest rates:** due to the perceived risk of managing a large HMO without experience, mortgage lenders will often charge higher interest rates.

**Yield-based valuation:** for applicants with a personal income of over £50,000 per annum, the property may be valued based on its rental yield. This method focuses on the income potential of the HMO rather than just its market value.

**Hybrid valuation:** for those who do not meet the income criteria, lenders may use a hybrid valuation or a traditional bricks and mortar valuation. Hybrid valuations usually give recognition for the adaptability of the property as a HMO, but it is not a yield based valuations.

**Bricks and mortar valuation:** for those who do not meet the income criteria, lenders may also instruct a traditional bricks and mortar valuation. These consider the physical value of the property, comparably without a yield based approach and occasionally, it may also be on a 90 day basis, which refers to a property valuation method where the value is based on the price that can be realistically achieved within 90 days. This approach ensures a quick sale price, which can be lower than a standard market valuation but provides lenders with a more conservative and risk-averse assessment.

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Published: 2026-03-30

Last reviewed: 2026-03-30

Source: https://mortgagelane.com/guides/hmo-mortgage-no-experience/can-i-get-an-hmo-mortgage-on-a-10-bed-hmo-without-experience