The law relating to houses in multiple occupations (HMOs) is fiendishly difficult. It is a heavily regulated area and the penalties for non-compliance are fierce.
However, it is increasingly popular with landlords who see it as a way of getting more return from their properties. It is also popular with tenants as it is a lot cheaper than renting out a whole house or flat. Often an HMO is all that a tenant can afford on the wages that they have.
So more and more landlords are looking to convert their properties to rent them as an HMO – but often in total ignorance of the law!
For example, did you know that:
Renting your property as an HMO can work well and be very lucrative but it is ESSENTIAL that you set it up properly and know what you are doing.
This is why we have launched our new HMO Video Course.
One of the foremost experts in the country on HMO law is solicitor David Smith. On 27 March he ran a workshop for us on HMO Law and Practice – which we filmed.
Our new online course is made up of clips from the video recordings of the workshop, along with explanatory text and links to further information.
It really covers everything you need to know to set up and manage your HMO properties. Including:
The course is available to our Business Level members only and can be found here.
See below an introductory clip from the first part of the course.