With property prices rising over the last few years and specific tax increases affecting property yields, many investors are starting to look at alternatives such as Houses with Multiple Occupancy (HMO’s) to maximise their investment opportunity.

HMO’s offer exceptional yields and this can be achieved in many ways. You can buy a pre- built HMO; however, this comes at a premium price when purchasing the property. We recommend considering converting an existing residential property or commercial property.

Although this is a lot more complex, the overall returns can be much higher. We have hands on experience in this sector and understand the complex regulations that have to be adhered to when converting a property into an HMO. We will work with you and provide you with a full consultancy service from start to finish while keeping you updated at all times on the overall progress. We will work with you on the following:

• Planning Permission – We will work with your architects or make an introduction to one that specialises and has a great understanding of how to maximise your HMO.
• HMO License – We will guide you through the complicated paperwork and help you obtain an HMO License. Space Standards – Working with your architect of choice, we will make sure that space Standards are met while maximising your Return on Investment.
• Fire Safety – Our understanding of HMO regulations includes Fire Safety Standards that have to be adhered for the safety of your occupants.
• Rental Guidance – We will guide you on what rental should be achieved per room to ensure your property gains maximum ROI, while attracting quality tenants.