New regulations to bring mandatory licensing to all multi-occupied properties where there are five or more people, forming two or more separate households.
ARE YOU A LANDLORD?
Time to re-think your property strategy?
With the new upcoming changes in additional licensing, legislation, new mortgage rate relief charges, and additional right to rent requirements and maintaining of HMO's has got a lot more difficult and ultimately less profitable for landlords.
However, don't be discouraged as we are experts in facing these challenges head-on and can help you manage your property to success.
Now is the time to get serious about owning and running a successful HMO and you don't have any room for error to do otherwise. Many requirements have to be met to meet the HMO licensing such as the right room sizes, fire and safety measures as well as the right mortgage product. Getting in a professional HMO specialist, like us, who can help to manage your property and keep void periods away for a GUARANTEED rental figure each month.
We are a property management company, that takes over properties on a management agreement similar to a letting agent and we completely remove the pains and stresses of being a landlord away from our clients. We do this by offering full management making it a complete hands-off investment for the property owner also offering a light refurbishment to the property if needed... Does that sound good to you?
If so, we would love to hear from you. Get in contact with us today and we would love to meet you and find out a bit more information as to how we can help your situation.
For links to the local council's websites (areas that H&B property Management cover) regarding HMOs, please see below:
Comments