We have not had any bad experiences with unsafe Christmas decorations, but we do communicate well with our tenants. Here are a few tips and things to take into account during this festive season, to help keep everyone safe…
What is HMO Management?
HMOs are a potentially lucrative business model for landlords. Rental yields for an HMO are typically higher than for standard family properties, but they are a little harder and more time consuming to manage.
If you are a landlord, then your clients are tenants and it makes sense that you would want to know who they are, and what they want and need from a property, so that you can provide it for them and, so that you can phrase your advert accordingly, so that they can clearly see what is on offer and, whether this is a property that will interest them. This sounds really simple, but you would be surprised by how many landlords get this fundamental part of the process wrong.
There are a few things that we get asked A LOT and, the one that we get asked repeatedly is, “what actually is an HMO?” So, let’s have a look at what they are and, why landlords and investors choose them as a property business model.
HMO Mandatory & Additional Licences
There is a lot said about HMO Licences, what you need to have, what you should have and when you need them… To compound the confusion, people often mistake planning for licensing too…
