Under the changes in the Housing Act 2004, if you let a property which is one of the following types, it is a House in Multiple Occupation:
In order to be a HMO the property must be used as the tenants only or main residence and it should be used solely or mainly to house tenants. Properties let to students and migrant workers will be treated as their only or main residence and the same will apply to properties which are used as domestic refuges.
It is important to note, that each local council has different regulations to be adhered to.
HMOs are properties where at least three tenants, forming two or more households, share common facilities like kitchens and bathrooms. They are popular among students, young professionals, and individuals seeking affordable housing options
Location is essential when selecting an HMO property. You should look at properties that surround hospitals, universities, town centres, train stations and large employers in the local area.
HMO landlords have specific legal obligations and licensing requirements to ensure the safety and well-being of tenants. These may vary depending on your location, so it's crucial to familiarise yourself with the relevant regulations.
Organised and effective communications with everyone involved, from tenants to landlords.
We can help to attract tenants, running through all the necessary checks and documents - and once we've got them in the property, our team can help retain your tenants by ensuring the best service possible.
We have years of experience in creating luxury, comfortable and affordable housing for tenants. We can help to make your HMO the best in the area by using our extensive team of partners - from renovation, to maintenance to marketing, we have specialists in all of those areas.
We have a vast network of landlords, letting agents and tradespeople that we work with day in day out. Utilising local businesses, we make sure your property needs are met.
We know that the property market and HMO regulations are subject to change at any moment. We are commited to staying up to date with the latest developments in all legislature and regulations.
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