New Inspection Rules for HMOs in Solihull: A Comprehensive Overview
Houses in Multiple Occupation (HMOs) have long been a staple in the UK’s housing market, offering affordable accommodation to many. In Solihull, as in many parts of the country, HMOs play a pivotal role in providing housing solutions, especially for those who might find it challenging to rent an entire property on their own. However, […]
The Renters’ Reform Bill and its Impact on Students & Landlords in 2023
Introduction The Renters (Reform) Bill, which was published by the Government on May 17, 2023, aims to bring significant changes to the private rented sector (PRS). While the bill addresses various aspects of renting, this article will focus on its potential impact on students and landlords. Currently, student renting operates differently from the rest of […]
HMOs set for Council Tax Valuation Shake Up
HMO Council Tax Re-evaluation Consultation 2023 Following lobbying from many high profile landlords and property groups such as the National Landlord Association, the government launched a consultation on the re-evaluation of Council Tax on HMOs. There is currently disparity across the UK as to how HMOs are being assessed. A lot of HMOs are banded […]
Additional Licensing for York HMO Properties from 1st April 2023
After 2 rounds of consultations, the City of York council has announced that there will be an additional HMO Licensing scheme for HMOs (Houses in Multiple Occupation) with 3 or 4 tenants who form more than one household. Landlords with smaller HMO properties in the City of York will need to ensure that their properties […]
Student Market Report: A “Significant” Opportunity for Student Accommodation in the UK
A recent Investcorp report into Student Accommodation in the UK highlights a significant opportunity for investors. So we take a deep dive into the report to look at the salient points to help our customers in deciding whether you buy a student HMO or not. Here’s what we found. Top level, the report highlights […]
Levelling Up Council Tax on HMO Rooms: Will it be scrapped?
On 23rd November 2022 the Levelling Up and Regeneration Bill had some amendments made to it which were heard in Parliament. As part of the amendments there was a very large one indeed that gives more clarity, and assurance to both landlords and HMO tenants, that there won’t be council tax charged by the room. […]
Further Restrictions on HMOs in Leicester to be announced
HMOs in Leicester are set for further restrictions to be made on HMO developments across the city. Leicester first introduced Article 4 in some areas back in 2013 but following a consultation those restrictions are set to be widened. Leicester City Councillors are will vote on the decision on Friday 18th November 2022. The current […]
Nottingham is short of 5,500 Student Rooms
Nottingham Council, this week, have issued a statement saying that the City is short of 5,500 student rooms. The Council is hoping to avoid a student housing crisis, but the situation looks bleak for students but presents an opportunity for HMO investors. Nottingham’s director of planning is confident they can avoid a crisis as the […]
Thurrock Council Quashes HMO plans in Stanford-le-Hope
Thurrock Councillors have all voted against a proposed HMO development on the high street of Stanford-le-Hope. The application was submitted on the bases of it being “car less” meaning that tenants were reliant on location transportation to get around. “Car Less” HMO Development The application follows the same model as many other London based projects […]
