HMOs with 6 rooms in London

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    HMOs with 6 rooms in London

    Are properties like this a no brainer investment usually in London?

    There should always be demand for rooms right?

    Maybe more so in future due to how expensive flats/ houses are to rent?

    No brainer investments that are available are always worrying.
    When I post, I am expressing an opinion - feel free to disagree, I have been wrong before.
    Please don't act on my suggestions without checking with a grown-up (ideally some kind of expert).


      HMO + Brainless owner tends to result in owner with criminal record!


      Latest Activity


      • What are the fire checks: 4 bed HMO
        Setting up a 4 bed HMO

        We've installed interconnected smoke detectors in all rooms, have smoke alarms on each level in hall ways, co2 alarms in relevant rooms and heat detector in correct room - can't recall if kitchen or hall as writing this on behalf of partner who did it as recommended...
        12-07-2018, 11:39 AM
      • Reply to What are the fire checks: 4 bed HMO
        If you are leaving the country you must have appointed a manager for the HMO, and put up notices giving details of how to contact them.. They are the ones responsible for ensuring that testing is being done.
        18-08-2018, 10:35 AM
      • Reply to What are the fire checks: 4 bed HMO
        Part of the mandatory requirements for the manager of an HMO is to have carried out a Fire Risk Assessment (or to have one carried out).
        That will define both the safety standards for equipment (like alarms and doors), confirm that fire exit routes are acceptable and should also confirm the nature...
        18-08-2018, 08:36 AM
      • Single AST agreement or not??
        hi, would really appreciate some info from an experienced HMO landlord on this one.. I’m acquiring my first multi let property, do you think a single AST agreement will be fine for 4 tenants who may not know each other? Or is this something to stay away from and have a unique agreement for each room?...
        20-02-2018, 16:11 PM
      • Reply to Single AST agreement or not??
        That's going to be difficult to manage.
        Are they named as the tenant or as tenants (plural)?
        What have you told the local authority about council tax?...
        18-08-2018, 08:32 AM
      • HMO avoidance
        According to the HMO rules & the new rules that come out in oct 2018, there seem to be some obvious ways to have 5 or more tenants but avoid being an HMO:

        pre oct 2018
        1. Five or more tenants, on only 1 or 2 levels

        post oct 2018 (under new rules, 2 levels now count...
        10-08-2018, 13:46 PM
      • Reply to HMO avoidance
        I think youre misinformed cupcake.
        1) I believe Oct 2018 regulations just remove the 3 storey restriction so even a Bungalow with 5 tenants becomes a licensable HMO
        2) This is likely to be 5 self contained bedsits each with their own Council Tax liability and the building itself may still...
        17-08-2018, 21:02 PM
      • HMO question
        Are there any landlords here whose HMOs are in leased property? In other words, the property itself is held on a lease from another landlord (superior landlord) and underlet as an HMO.

        What I'd like to find out is how the rent review between landlord A and superior landlord B is calculated?...
        08-08-2018, 16:16 PM
      • Reply to HMO question
        The ground rent payable on a leasehold property should be set out in the lease. Ive never heard of one where it was linked to the use of the property or the amount of rent received. What exactly does the clause in your lease say?
        17-08-2018, 20:38 PM
      • Reply to What are the fire checks: 4 bed HMO
        Weekly is the advice for owner occupiers and offices, so I don't see how you could argue for anything longer.

        Weekly testing is something that building manager can do for themselves, or could even be delegated to a tenant, although in that case definitely get a log book to prove it is being...
        15-08-2018, 11:12 AM