StrideUp doubles HMO and MUFB limits, and raises maximum financing to £2.5m

StrideUp, the UK Shariah-compliant home finance provider, has expanded its Buy-to-Let Purchase Plan (BTLPP) criteria for specialist property types, now accepting Houses in Multiple Occupation (HMOs) with up to 12 bedrooms and Multi-Unit Freehold Blocks (MUFBs) with up to 10 units.

The change doubles StrideUp’s previous HMO limit and doubles its MUFB capacity, opening the product to larger, professionally managed portfolios; a segment where Shariah-compliant options have been particularly limited.

HMO and MUFB financing remains available at up to 75% FTV, with overall BTLPP financing now available up to £2.5 million per property and £3 million across a portfolio with StrideUp. The product is open to individuals, joint applications of up to four, and UK-registered limited companies, with first-time landlords considered and no minimum income requirement (for homeowners and landlord).

Rizwan Ali, Director of Sales & Marketing at StrideUp, said:

“Landlords operating larger HMOs and multi-unit blocks have had very few shariah-compliant routes available to them, and brokers have told us this consistently. Extending our criteria to 12-bedroom HMOs and 10-unit MUFBs means intermediaries can now place cases for professional landlords who were previously locked out of values-aligned finance at this scale. It’s a straightforward change with a meaningful impact on who we can serve.”

The expansion follows continued growth in StrideUp’s intermediary network, including recent additions Access Financial Services and New Leaf Distribution, and reflects rising broker demand for shariah-compliant Buy-to-Let across standard and specialist property types.

Full criteria and case placement support are available through the StrideUp intermediary portal.