Is there a way to search for just HMO's for sale on rightmove or another website. I'm particularly interested in HMO's in trouble due to expiring licenses / revoked licenses. Basically any situation where the owner is having trouble selling the property.
I came across an 8 bed HMO today which stated cash buyers only as no lender would offer a mortgage due to complications with license. I haven't approached them as I want to learn the basics.
The properties will be repurposed for non HMO purposes.
I came across an 8 bed HMO today which stated cash buyers only as no lender would offer a mortgage due to complications with license. I haven't approached them as I want to learn the basics.
The properties will be repurposed for non HMO purposes.
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