The 5 Essential Steps to Building a Successful HMO Business
Whether you’ve already invested in a HMO in England or whether you’re considering taking the plunge, you’re sure to want to make a success of your investment. Managing a HMO can be complex and finding ways to ensure your property business is sustainable, profitable, and futureproofed
An HMO Landlord’s Guide to Deposit Protection Schemes
Did you know that if you are a HMO landlord in England who is running an assured shorthold tenancy, you must register the tenants’ deposits in one of the government-backed protection schemes? Three of these schemes exist, each one offering different options for custodial and insurance
Investing In An HMO Or A Traditional Buy-To-Let: Which is Right For Me?
For many property investors, the idea of renting out an HMO in Kent is an appealing one. After all, an HMO can typically bring in a higher rate every month than a single let property. However, HMOs present their fair share of issues when deciding
5 Top Tips For HMO Landlords To Minimise HMO Void Periods
If you’re an HMO landlord you’re probably aware of the problems that void periods can cause. Although all landlords experience voids from time to time, there are several things you can do to minimise your chances of suffering from extended void periods that result in
How Does GDPR Apply to HMO Landlords?
GDPR, or General Data Protection Regulation, to give it its full name, applies to how consumers’ personal data is processed and collected. Essentially, anybody holding or processing personal data must be compliant with GDPR legislation, and that includes HMO landlords in Kent. As an HMO landlord, you
Expert Tips for Staying on Top of Your HMO Landlord Legal Obligations
As an HMO landlord, you’re no doubt very aware of your legal obligations. However, as the law is always changing and the regulations are constantly being updated, it can be difficult to stay on top of legal requirements. Although maintaining compliance is one of the least
4 Tips For Landlords To Improve HMO Rent Collection
When renting out an HMO property, it’s imperative to collect your tenants’ rent payments each month in a timely manner. Unfortunately, this is something that many landlords struggle with. If your tenants aren’t paying up on time, one solution is of course eviction. But, while it’s
An HMO Landlord’s Guide To Neighbour Disputes
Unfortunately, from time to time, people experience a dispute of some type with their neighbours. However, as an HMO landlord, problems between your tenants and the people living in the surrounding properties can prove highly problematic. As a landlord, do you have to consider duty of
A Guide to Best Practice for HMO Property Management
HMOs, or houses of multiple occupation, are tenancies where several tenants from different households live in one property, sharing living facilities like bathrooms, kitchens, and living spaces. HMOs are a popular choice amongst landlords in Kent since they can bring in a higher rental yield. Landlords
4 Helpful Tips to Find and Keep Good Tenants for HMOs
HMO landlords in Kent often believe there’s no such thing as a perfect tenant. In fact, one of the most challenging things about renting an HMO property is sourcing suitable tenants! To maximise your ROI, you need to ensure you’ve found tenants who not only pay rent