Over the last 10-15 years, the UK private rental and HMO (houses in multiple occupation) sectors have grown strongly. From student accommodation to shared housing, HMOs are an attractive option for investors and landlords, but they don’t come without some compromises. Mark Cotter, Real Estate Director and Anusha Peries, Real […]
While bedsits and roommate arrangements have always existed, a number of cultural shifts are increasing the number of HMOs. This includes the increase of Monday to Friday renters in London and other urban centres and college students moving from dorms to shared houses. As a property owner, HMOs can be […]
Following my Flipping Property series now we’re going to think about serviced accommodation and how to find deals for this strategy. At its core, serviced accommodation is not that far removed from buy to lets in that the actual raw product or type of property that we could use will […]
For all the (largely unwelcome) changes in the buy-to-let market of late, the fact still remains that the ancient law of supply and demand ensures that residential buy-to-let remains an attractive asset class and that even the Houses-in-Multiple-Occupation niche, which is particularly highly regulated, can be a solid option for […]
As 2018 draws to an end, there has been much to reflect upon in the buy to let market. There is plenty for landlords to ponder heading into 2019, as Andrew Turner, chief executive at specialist buy to let broker, Commercial Trust, explores. An evolving market The past couple of […]
Government plans to crack down on rogue landlords through the expansion of mandatory HMO licensing look set to fall short – according to new figures from Simple Landlords Insurance. The changes will not only leave most criminal landlords outside of the licensing system, but will increase the administrative and cost […]
Government plans to protect tenants from poor living conditions through the expansion of mandatory HMO licensing look set to fall way short of their ambition. Figures obtained by Simple Landlords Insurance reveal the majority of local authorities don’t know how many unlicensed HMOs are in their area – let alone […]
In my last post, we began to think about HMOs and so this week we are going to consider where we would find this type of property. Now, unless you are pursuing a sophisticated strategy and want to convert something like an office building, pub or similar into a house […]
HMOs started out based on the concept of bedsits – think of the series ‘Rising Damp’ whereby a number of people lived together under one roof, each renting out an individual room. Fast forward a few decades and this concept has become far more sophisticated. Today, there are varying degrees […]
New Government rules regarding HMO licensing will come into force in England, on October 1st, 2018. Jorden Abbs, director of operations at Commercial Trust Limited, discusses what the extended rules will mean for London’s buy to let landlords. What is an HMO? An HMO is a House of Multiple Occupancy. […]
