HMO Tenancy to Single Joint Tenancy

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

    HMO Tenancy to Single Joint Tenancy

    Hey guys, I have a licensed HMO property, I was thinking about renting it out to one family instead of room by room.

    What becomes of my HMO license? Do i have to inform the council and let them know the property is no longer being rented out room by room or does it not matter?




    #2
    You might need to change your mortgage and insurance from HMO to single tenant.

    It would be wise to inform the council of the change so they don't decide to do a spot check. You might get a refund on your license.

    Comment

    Latest Activity

    Collapse

    • Purchasing an existing HMO advice
      Dene465
      I have been offered a property with
      7 occupants. It needs to be a cash purchase. I do not have HMO experience. I am happy for them to stay on although there seem to be rental arrears from some occupants. Also, a large Council Tax arrears case. No paperwork is evident at this point of time....
      19-06-2018, 18:08 PM
    • Reply to Purchasing an existing HMO advice
      mind the gap
      It sounds like a potentially expensive nightmare. Walk away - or pay a solicitor with specialist knowledge of housing/conveyancing law to advise you before you do anything,.
      21-06-2018, 20:18 PM
    • Reply to Purchasing an existing HMO advice
      DPT57
      At 7 occupants the property may be a sui-generis HMO requiring planning permission. Without this its illegal and liable to a fine of up to £30,000 from the local authority and possibly 12 month rent repayment order for each of the tenants. Add that to the cost of paying the tenants to leave, since...
      20-06-2018, 08:40 AM
    • Reply to Purchasing an existing HMO advice
      loanarranger
      If the HMO is unlicensed I would advocate seeking full vacant possession and make the purchase conditional upon thepresent owner making full and final settlement of all outstanding Council Tax debts. If achieved then an application needs to be submitted to gain an HMO license provided of course that...
      20-06-2018, 05:03 AM
    • HMO Tenancy to Single Joint Tenancy
      Tone Lee
      Hey guys, I have a licensed HMO property, I was thinking about renting it out to one family instead of room by room.

      What becomes of my HMO license? Do i have to inform the council and let them know the property is no longer being rented out room by room or does it not matter?...
      11-06-2018, 04:44 AM
    • Reply to HMO Tenancy to Single Joint Tenancy
      Berlingogirl
      You might need to change your mortgage and insurance from HMO to single tenant.

      It would be wise to inform the council of the change so they don't decide to do a spot check. You might get a refund on your license.
      11-06-2018, 07:40 AM
    • Loft conversion & HMO?
      Northcave
      I have a house in Bristol and considering professionally converting the loft. If I do so then I'll have 3 story house with 5 bedrooms. This would make it a HMO but do I need to consider things other than mains wired fire alarms and fire doors?

      Also is it possible for me to still act as...
      07-06-2018, 20:03 PM
    • Reply to Loft conversion & HMO?
      theartfullodger
      If this ever gets to court (eg illegal eviction case when you claimed you evicted "lodger" by changing locks, tenant claimed it was AST so unlawful and/or deposit protection penalty claim...) the judge will decide where your principal home is: From what you've stated it sounds easy to argue...
      08-06-2018, 14:39 PM
    • Reply to Loft conversion & HMO?
      Northcave
      Basically it is my primary residence and have a room there but I travel on my boat most of the time. I.e. not around much. Sometimes that means I'm around for a few weeks and then away again for months. That's sailing for you. Its really slow haha!

      I was under the impression that I didn't...
      08-06-2018, 14:26 PM
    • Reply to Loft conversion & HMO?
      AndrewDod
      Seems OP is mainly interested in the 7K allowance.

      OP do you actually live there as you main home or are you planning to pretend to live there (a bad mistake)?
      08-06-2018, 11:18 AM
    Working...
    X