Selective Licences are for non-HMOs. Its Additional Licences that are for non mandatory HMO licensing....

Hello All,

I have recently bought my first house, a 5bed terraced freehold house in Blackpool FY4.
I would like to rent my spare 4 beds, but I understand that would mean I need an hmo licence.

Reading through forums is difficult to find all the details and the local...

jpkeates is correct in his assertions, what surprises me is why the lender in first place didn't question why you would want to buy such a property if you are single and no children to accommodate, but the deed is now done, a residential mortgage is in place and that will be how it will stay with a...

It depends on the terms of your agreement with them.
My agreement with my letting agent wouldn't allow them to do that in anticipation of me owing them money, only if I actually owe them money....

Dear all,

I was letting my place to tenants that were sourced by this estate agent. The estate agent however misrepresented myself and misled the tenants about what's included in the monthly rental cost. The tenant had complained to the agent however, I had to pay for 6 months of services...

I can't imagine a residential mortgage lender would allow a property to be used as an HMO under any circumstances.

Applying for a licence is likely to result in your lender calling in your mortgage (or them telling you that they will if you don't stop the process of becoming an HMO)....

Another candidate for an increase in tax would be to take the 1.5% additional NHS element of NI and apply it to income that doesn't normally attract NI, like CGT - it wouldn't affect most people, would raise a lot of money, and could be presented as a "rich people paying their part" chang...

My accountant just finished my 2020/21 tax return, and my income is half of the previous year. I did not think it would be quite that bad. (Half my tenants moved out, and I had a job to replace them. Plus had to get fourteen EICR's!)

I'm guessing you guys are in a similar boat. Never mind...