A HMO (House of Multiple Occupation) is a property that is occupied by three or more people forming two or more households. Facilities in HMOs such as kitchens and bathrooms are usually shared.
As a landlord, it's natural you want to maximise your rental income; turning your property into an HMO is an excellent way to achieve that. However, the ever changing regulatory environment can be complex. Each HMO must demonstrate it complies with local and national HMO legislation. For example:
At Property People, we not only take on the time-consuming work of running HMOs but we also manage the legal requirements too. Our specialised management software is designed to manage all aspects of HMO properties. This enables us to fully manage the tenants, room availability, marketing, viewings, tenant enquiries, property management, maintenance works, invoicing, tenant rent reminders, rent collection, and all other financial aspects.
As a landlord, it's natural you want to maximise your rental income; turning your property into an HMO is an excellent way to achieve that. However, the ever changing regulatory environment can be complex. Each HMO must demonstrate it complies with local and national HMO legislation. For example:
- Landlord Gas Safety Certificate
- PAT Testing
- Fire Alarm, Fire Extinguisher and Emergency Lighting checks
- Fire Risk Assessment
- Electrical Installation Certificate Report
- EPC
At Property People, we not only take on the time-consuming work of running HMOs but we also manage the legal requirements too. Our specialised management software is designed to manage all aspects of HMO properties. This enables us to fully manage the tenants, room availability, marketing, viewings, tenant enquiries, property management, maintenance works, invoicing, tenant rent reminders, rent collection, and all other financial aspects.