Multi unit blocks are often houses which have been converted into several flats, but left on one legal title. You also see more exotic kinds of property financed this way, an example may be land with multiple separate buildings rented separately.
Multi unit blocks (MUBs) are generally considered to have higher rental yields like HMOs, though the management of MUBs may be a little easier than a HMO.
A multi unit block is a property with multiple self-contained rental units which are on one title. A typical example would be a house converted into four flats.
Most lenders have a maximum of 8 self contained units, however there are specialist lenders who will accommodate larger properties.
There are lenders who will accept first time lenders.
There are lenders who will accept applicants with bad credit, it depends on the specifics.
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Yes
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Maybe Joint venture funding would be more suited?
You can finance a project utilising an investor with a zero deposit.
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