How soon after setting up an HMO do you have to apply for a licence?
How soon after setting up an HMO do you have to apply for a licence?
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Can I ask if there is a mortgage on the property , if yes have you established whether your lender will allow for this and furthermore advised the Insurance Company. of your intentions. I ask this as I do come across prospective clients who believe that they can do as they like once the conventional BtL mortgage has been completed , this is wrong as if there is a need for a Mandatory License , the Local Authority will notify your lender so always best to be ahead of the curve.
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I agree , however as per the first part of my response , there is nothing which prohibits making an enquiry as to whether the lenders criteria extends to HMO's , if the response is negative and it is intended that three or more persons ,of a non family unit will occupy then the decision is to either keep the property in its existing form of a family let or remortgage to a lender whose criteria accommodates HMO's.
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It depends. I have a 5 bed HMO in which I was only letting 4 beds so I didn't have to license it. It was already inspected by the council. I decided to let it as 5 beds, told the council and applied for the licence. The council came round again and OK'd it. You have to be a responsible person to let a HMO.
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by SnowynightHello all,
I have a question regarding prospective tenants for our rental property (3-bed house). They are 2 couples and a baby:
One person of couple1 is a cousin of a member of couple2;
The other person of couple1 is not a relative of the other member of couple2;...-
Channel: HMO - Multi Occupation Questions
18-04-2021, 13:28 PM -
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by DPT57I think that as long as every person living there is either a relative of or in a sexual relationship with at least one other resident, then they form a single household....
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Channel: HMO - Multi Occupation Questions
23-04-2021, 10:58 AM -
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by SnowynightInterestingly, the council replied today that this case is still considered a household so would not require an HMO license.
However, does anyone have thoughts on @Ted.E.Bear's point? s.258 of housing act 2004 does seem to suggest the 2 partners of cousins need to be related too...-
Channel: HMO - Multi Occupation Questions
22-04-2021, 20:37 PM -
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by DPT57If it turns out not to be an HMO then you have no problem. However, if the local authority believe it is, they may decide to question you under caution. You should get legal advice if this happens. They will quiz you to see whether you really do have a 'reasonable excuse' for not knowing that this is...
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Channel: HMO - Multi Occupation Questions
21-04-2021, 11:51 AM -
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by Jupiter1I am a part time landlord and have two residential properties that I rent out to a tenant and his "family members". I have a Assured Shorthold Tenancy Agreement in the name of a sole tenancy holder and both of the properties are let out at market rate. I only communicate and collect rent from...
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Channel: HMO - Multi Occupation Questions
20-04-2021, 10:08 AM -
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by Jupiter1Sorry for the confusion. I have two properties that I let out and each one of these is let out to individual (and completely unrelated) tenants.
My issue is currently with one of my properties but I am looking for a solution which protects me with both of my properties.
The AST came...-
Channel: HMO - Multi Occupation Questions
20-04-2021, 18:25 PM -
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Whom (of this extended family group) are the two tenants?? Where did you get the AST from? What reference and previous landlord checks did you carry out, please?
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Channel: HMO - Multi Occupation Questions
20-04-2021, 18:19 PM -
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by Jupiter1I have two separate tenants in the two tenancy agreements in question....
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Channel: HMO - Multi Occupation Questions
20-04-2021, 18:10 PM -
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by NeelixBe aware that not all councils use the same criteria to decide if a home is a HMO....
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Channel: HMO - Multi Occupation Questions
20-04-2021, 16:30 PM -
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by DPT57Do you mean you let both properties to this individual? He cant possibly have both places as his principal residence, so how did you imagine they were occupied if he wasn't subletting? I suspect that at best you've been naive and at worst complicit if these do turn out to be HMOs and I would doubt that...
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Channel: HMO - Multi Occupation Questions
20-04-2021, 13:56 PM -
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