Precise Mortgages has expanded its HMO lending criteria to accept properties with up to eight bedrooms.

This is an increase from the six accepted when the products were initially launched in January.

January saw the specialist lender also launching limited company products as well as improving its criteria for buy-to-let landlords in retirement.

Mortgage brokers can submit HMO and limited company buy-to-let cases through authorised packagers, as well as direct with the lender.

Alan Cleary (pictured), managing director of Precise Mortgages, said: “Our specialist buy-to-let products have been really well received by mortgage intermediaries. In order to meet ongoing market demand, we are continuing to expand both our product range and lending criteria.

“Both professional and retired landlords will increasingly need specialist products as taxation plays a bigger role in their overall investment decisions.”