HMO landlords
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Regulation & Law
Tax, regulation and stigma drive HMO exodus
Triple hit of tax threats, looming regulation and negative political coverage push HMO availability down 60% in worst-hit areas.
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Housing Market
HMO properties worth 50% more – investment firm claim
New research reveals massive premiums commanded by houses in multiple occupancy in many of England's major cities.
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Rental market
Major BTL lender reveals significant landlord switch to HMOs
Shawbrook says its lending book saw a 10% rise in the number of loan applications to fund HMO purchases as landlords seek safe havens.
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Latest property news
Despite everything, landlord sentiment remains upbeat for 2024
The majority of PRS landlords believe the prospects for their own rental portfolios in 2024 are good.
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Latest property news
Landlords win HMO council tax battle
The Government has accepted the case from landlord leaders that current council tax rules for HMOs are unfair.
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Latest property news
Exclusive: Who is responsible for accuracy of ‘unregulated’ online lettings platforms?
The Negotiator asks Spotahome's UK and Ireland General Manager to give his view after his platform was found to have listed an unregistered HMO apartment.
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Latest property news
Stamp out slum landlords!
A new report from Multi-Let UK, an HMO investment and management company, states that 70 per cent of HMO investors want the authorities to crack down on HMO landlords who are abusing the law; 52 per cent want local councils to make more inspections to identify HMOs that are not up to standard and 73 per cent believe that slum landlords are giving HMOs a poor reputation. Findings from the Citizens Advice Bureau (CAB), show that private landlords are taking £5.6bn in rent on homes that ‘don’t meet legal standards’ and 740,000 families are living in homes that present a severe threat to the occupants’ health; while Shelter says that 250,000 people live in accommodation that is unfit for human habitation, or where the landlord exploits or harasses them. Figures from the Residential Landlords Association show that 2,006 landlords were convicted between 2007-2015, with the average fine standing at £1,500. Daniel Hill, MD of Multi- Let UK said, “In many areas there are HMO landlords providing poor quality accommodation which fails to meet the statutory requirements, putting tenants’ wellbeing and potentially lives at risk. “The good news is that the majority of HMO landlords are taking a proactive approach and…
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