What is HMO? A HMO is a building, property or flat which is occupied by three or more persons, living as a household, where rent is paid. The most common type of HMO is when three or more unrelated personnel occupy a house, each pay for their own bedroom but share a communal kitchen and bathroom/s. Your property would be classed as HMO if both of the following apply: At least 3 tenants live in you
Are you considering becoming a landlord? Investing in property can be a fantastic way to make the most of the money you have to invest. Renting out a property can provide an ongoing income and provide you with a flexible lifestyle which can be very rewarding. Just like managing your own business, you get to make the decisions on costs, contracts, terms and ultimately have control over who lives in
