We prepared for you some practical tips to help to get the best returns from your small rooms, with just a little planning, and without having to spend much, if any extra. You’ve probably noticed that there is always at least one small room in each...
Category - HMO Property Blog
Welcome to the HMO Property Blog. The blog contains news, articles and features relating to HMOs, including tax, lettings, licensing, management, planning, finance and more. We update this blog weekly and we hope you enjoy!
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A house in multiple occupation (HMO) – is a property which is rented by three or more tenants who aren’t part of the same household. Many landlords let HMOs as they consider them a more efficient way to run a rental portfolio. House-shares are...
Since HMO licensing Regulations came into force in October 2018, councils have increasingly been cracking down on landlords without a licence. Although whether or not a property requires an HMO is a slightly grey area (for properties of under five...
The Houses in Multiple Occupation Act (Northern Ireland) 2016 came into force in April this year. It brings the regulations for HMOs in line with the rest of the UK and imposes tough new requirements on landlords to avoid overcrowding in residential...
If you are seeking architectural services for houses in multiple occupation (HMOs), an HMO Architect will be able to identify and address challenges faster than an architect with a more general portfolio. Summary When we get ill, most of us visit...
3 to 6 Bed HMO Conversion Location: Kirby Liverpool, L5 HMO Project Summary A stressful 3-month negotiation and a down valuation, we finally manage to get this one over the line, refurbed and filled. Then we refinanced within 10 months. HMO Purchase...
Have you heard of the term ‘happy wife, happy life’? Well, a similar saying goes for our tenants… ‘happy tenants, happy life’. After all, if our HMO’s are full we are achieving maximum cash flow, aren’t we? And if our tenants keep leaving we...
For many investors and developers, having a project that goes over-budget, or takes longer than expected is a rite of passage. As a statistic the number of projects that go awry far outstrips those that go well, so how do you minimize the risks? I...
According to new rules and changes to houses in multiple occupation (HMO) licensing, Manchester City Council will be hosting drop-in events to help landlords get more information. Manchester City Council Drop-in events The council invites people to...
Summary At HMOHub this is a question we get asked constantly and as an HMO landlord or potential HMO owner, it’s very important to understand the difference for a multitude of reasons, not least, legal compliance and keeping investors on the right...
