HMO Landlords
What are HMO’s
A House in Multiple Occupation (HMO) is defined as a property where at least three different people from separate households reside. Tenants in HMOs have tenancy agreements that grant them exclusive occupation of their rooms while sharing communal areas like kitchens and bathrooms.
Types of HMO
- Small HMOs: Properties with up to four occupants who share amenities and pay rent.
- Large HMOs: Properties with five or more occupants who share amenities and pay rent.
The need for a license depends on the property location and local authority regulations. While small HMOs may not always require a license, all large HMOs must be licensed in England and Wales. We’ll Let Your House can guide you through the HMO application process.
HMO Management with We’ll Let Your House
We specialise in the management of Houses of Multiple Occupancy (HMOs) and have established a strong reputation in the Boston and Spalding areas as a responsible agent dedicated to maintaining properties as valuable assets within the community.
Managing HMOs involves significantly more work than single-let properties, primarily due to the complexities of handling multiple tenancies and the higher turnover associated with this property type. Our comprehensive HMO management service includes regular compliance checks to ensure safety and adherence to regulations.
Additionally, we offer a bespoke cleaning and maintenance service for communal areas, ensuring that the property remains clean and presentable at all times. This attention to detail not only enhances the living environment for tenants but also contributes to the overall appearance of the property from the street.
We’ll Let Your House manages a substantial portfolio of HMO properties across Lincolnshire, all of which deliver strong financial returns and maintain positive reputations with local authorities and the community.
These successes are largely due to our dedicated team, who possess a deep understanding of the factors that contribute to the long-term success of HMOs. Our diligent management practices ensure compliance, tenant satisfaction, and the overall upkeep of each property, fostering a thriving environment for both tenants and landlords.
Contact us to learn how we can help you succeed with your HMO investments.