buy-to-let mortgages

Buy-to-let mortgages on an HMO in Scotland

Facts checked 7 September 2026

Panel figures from our September 2026 lender-platform extract, available products only.

Lenders that accept this

16

Accept an HMO at all

26

Published rates per year

3.5% to 12.3%

Product limits span

£10,000 to £10m

Of the 26 lender brands on our buy-to-let mortgages panel that will consider an HMO, 16 still will once the property is in Scotland. The other 10 will not, on the criteria they published when we pulled the panel in September 2026. That gap is the reason this page exists: the two conditions are usually asked about separately, and it is the combination that decides where a case can go.

Across the 133 matching products, published rates run from 3.5% to 12.3% per year, and the median sits at about 6.3%. A spread that wide on one combination is normal, because the lenders at the sharp end are pricing a narrow slice of cases and the ones at the top are pricing the cases nobody else will take. Neither end is the rate you would be quoted; that comes from the lender after it has seen the file.

The lenders that accept it

Named because panel composition is a fact rather than a recommendation. Inclusion is not an endorsement, the list is not the whole market, and every one of them applies its own checks before it offers anything.

Aldermore, Allica Bank, Foundation, Hampshire Trust Bank, Keystone Mortgages, Landbay, Lendinvest, Mercantile Trust, Moda Mortgages, Paragon Bank, Quantum Mortgages, Rely, Roma Finance, Shawbrook Bank, Together, West One.

139 live products across 16 lender brands, checked September 2026. Panel composition changes over time.

What to have ready

Because the property is in Scotland, the lenders above will want that evidenced at the start rather than discovered at valuation. Sending a case to a lender that does not accept the combination costs a search on the file and a fortnight, which is the expensive part of getting this wrong. We arrange the case to the lenders whose published criteria it actually fits, and we tell you which ones those are before anything is submitted.

Check your case against these 16 lenders

One enquiry, and we say which of them your figures fit and which would decline, before anything goes in.

Start an enquiry 0333 041 3127

Frequently asked questions

16 distinct lender brands on our buy-to-let mortgages panel have at least one live product that accepts an HMO where the property is in Scotland, out of 26 that accept an HMO at all. Panel figures were checked in September 2026 and composition changes over time.
Across the 133 matching products the published rates run from 3.5% to 12.3% per year, with a median of about 6.3%. Those are product rates on the panel, not an offer to you, and the rate you are given depends on the lender's own assessment.
The matching products span £10,000 to £10m. That is the range of product limits rather than what any one business would be offered, and the amount available to you depends on the security, the income and the lender's checks.
Adding Scotland takes the panel from 26 lenders to 16, so 10 lenders that would otherwise consider an HMO will not on this basis. That is the practical value of knowing both conditions before anything is submitted, because an application to a lender whose criteria you do not meet is a wasted search on your file.
No. It is the lenders on our own panel with a live product matching both conditions when we last pulled the data in September 2026. Other lenders exist that we do not have access to, and panel composition changes month to month, which is why the figure is dated rather than presented as fixed.

Related criteria

Back to buy-to-let mortgages

Important information

CapExpand Ltd (FRN 1060885) is an Appointed Representative of White Rose Finance Group Limited, which is authorised and regulated by the Financial Conduct Authority (FRN 630772). We are a credit broker, not a lender, and we do not provide financial, tax or legal advice. We work with a panel of lenders whose particulars are available on request. If a deal completes the lender pays us a commission, at no cost to you; different lenders pay different amounts under different models, and we will tell you the amount for your deal on request. All lending is subject to status, valuation where applicable and the lender's own checks.

Your property may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. Think carefully before securing other debts against your home or property.

Registered office: Pure Offices, Lake View Drive, Annesley, Nottingham, NG15 0DT. Company No. 14433858.