Published 27 September 2014 · Last reviewed 1 May 2026
Leeds Building Society low rate HMO mortgage great for first time HMO landlords.
If you are looking to maximise rental income from your buy to let investment this Leeds Building Society low rate HMO mortgage product is perfect. HMO or to give them their full title ‘houses in multiple occupation’ allow landlords to let bedrooms individually which can increase rental yields substantially. There is added risk to the lenders in terms of obtaining possession and greater potential for security damage from the tenants so normally the rates and fees are much higher than this gem.
Most buy-to-let mortgages are not regulated by the Financial Conduct Authority. A small number of buy-to-let mortgages are FCA-regulated โ typically Consumer Buy-to-Let (where the borrower is not acting in the course of a business, such as an accidental landlord who has inherited or moved out of a former main residence) and Family Buy-to-Let (where the property is let to an immediate family member). Limited-company buy-to-let, portfolio buy-to-let and standard personal-name buy-to-let are not regulated by the FCA.
Where the underlying mortgage is not FCA-regulated, the lender's conduct on that loan is not covered by FCA rules and you may have reduced access to the Financial Ombudsman Service for complaints about the lending decision or product terms. However, Niche Advice Limited is a Credit Broker authorised and regulated by the Financial Conduct Authority (FCA No: 750263), and our broking activity โ including the introduction we make to the lender โ IS FCA-regulated under the FCA's CONC rules. Complaints about our broking service can therefore be referred to the Financial Ombudsman Service in the usual way.



