What is the maximum number of tenants lenders accept?
Most lenders are happy to allow up to 4 tenants on a buy to let application, provided that they have all jointly signed a single Assured Short-hold Tenancy agreement (AST) and do not form 2 or more households. The AST gives you and the lender protection in the event that you need to evict a tenant, hence the reason why lenders do not like too many tenants. If you wish to rent out your property to more than 4 tenants or the tenants form 2 or more households the property may be treated as a House in Multiple Occupation (HMO) and this requires more specialist underwriting and will restrict the number of lenders and schemes available to you.
