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What Is an HMO Property?

What Is an HMO Property?

An HMO is a property where three or more unrelated tenants live one household, where they share a bathroom, kitchen and/or other facilities such as laundry rooms etc. For the purposes of establishing what would be considered as an HMO, a household is seen as a single...
Do You Need Planning for An HMO?

Do You Need Planning for An HMO?

An Article 4 Direction requiring property owners to make a planning application to convert their property into a House of Multipole Occupancy (HMO) came into force in 2019.The decision to introduce the direction followed a huge amount of work being undertaken aimed at...
New Property Alert!

New Property Alert!

Mansfield, Nottinghamshire Great HMO Opportunity: A 2 bedroom property to be converted to a 3 bedroom HMO with licensing. Purchase Figures:Deal Price £37,194 (includes full deposit, refurbishment fee, stamp duty, HMO Licence & sourcing fee) Purchase Price £80,000...