HMO Information, definition and Support - Home page
Houses in Multiple Occupation or HMO information and support website
Find the definition of an HMO or House in Multiple Occupation
What is it?, How does it affect me? Why? Find the answers of your HMO or House in Multiple Occupation questions here!
This site is to provide information for those struggling to get to grips with the concept of Houses in Multiple Occupation or HMOs and what effect it has to landlord’s, tenants and the community.
We will delve into the formal definition of an HMO or House in Multiple Occupation, specific types of HMO (including licensing), the Impact both financially and community wise, as well giving visitors an opportunity to download tenancy agreements and other documents relating to letting in general.
HMO-Support.com aims to provide information to landlords or would-be landlord of HMO’s giving information on the definition of an HMO or House in Multiple Occupation, Mandatory Licensing, Additional Licensing and Selective Licensing
HMO-Support.com also aims to provide information to tenants to promote a better relationship with their landlord and co-occupiers and what impact they have in society
The concept of HMOs has been with us for many, many years and thus has resulted in several pieces of legislation being passed by successive governments to the control of HMOs.
For many, the area of Houses in Multiple Occupation or HMO is simply money or income. Some see it as “Easy Money”. The Student market is very lucrative in areas of the country that have Universities or Colleges of Higher Education – Properties being filled with tenants for guaranteed time, higher rental yield, knowing that students will be moving on, so less likely to have tenants not vacating at the end of the term.
However, all investment needs to be sound and that includes the upkeep of the property. In order to attract new tenants each year, landlords must be prepared to plough back money into the property every so often, such as exterior painting, gardening, maintenance – both internal and external. Maintaining the quality of furniture and appliances. We all know that this type of property is hard on the pocket for both students and landlords.
It is not just student accommodation that are classed as HMO’s over the years there have been many categories ranging from Category A – Bedsits to Category F- self contained accommodation. In between we have student properties, hostels , old peoples homes, so you can see that it is a wide ranging subject catching many different types of accommodation. For More information on Houses in Mutiple Occupation or HMO, please browse our pages. You can even download a draft on an Assured Shorthold Tenancy for students!