Hazel de Kloe is a property expert who regularly blogs. Her articles are relevant and enjoyable and we hope they are of use to you. This time, she brings you some handy tips about running accidental HMOs.
An interesting occurrence happened to me earlier this month which I thought would make a great topic to write about in this month’s article. Most landlords operate standard Buy-to-Let properties in their portfolios, but some also have HMO property. In case you’re not sure what an HMO property is, let me explain. An HMO is a property which is run as a House of Multiple Occupation. The proper definition is as follows:
Your property is a House in Multiple Occupation (HMO) if both of the following apply:
- At least 3 tenants live there, forming more than 1 household
- You provide shared toilet, bathroom or kitchen facilities with other tenants