Commercial leaseholder created an HMO

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Commercial leaseholder created an HMO

16-01-2022, 00:48 AM

We are freeholders of a shop with residential accommodation above which has been let as one property on a 10 year commercial lease to the shopkeeper. The leaseholder has registered the upper floors as an hmo with our permission.
What are our responsibilities /liabilities as freeholders for ensuring the leaseholder keeps to the terms of the hmo licence.
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Claim rent arrears in HMO

by Seaes56

Good morning.

I have an HMO tenant who has not paid his rent for 2 months. S21 and S8 have been served and I will be applying for possession next month. Can I start the process in claiming for the rent arrears ahead of applying for possession? I am happy to risk the claim for future monies....
- Channel: HMO - Multi Occupation Questions
18-05-2022, 08:52 AM
Reply to Claim rent arrears in HMO

by Seaes56

Thank you for the information.

Would there be any risk if I start the claim for arrears now and if necessary, apply for possession using Section 21. The tenant is out of the fixed period. I think notification from the court would prompt him to address the situation now rather then it escalating...
- Channel: HMO - Multi Occupation Questions
18-05-2022, 10:29 AM
Reply to Claim rent arrears in HMO

by jpkeates

There's a risk is that if you start a claim for the money owed, it will interfere with the section 8 claim if the claim includes rent owed.
You'd be essentially claiming the same debt twice.

It may not be an issue, but if I were the tenant, I'd make sure it was brought up.
- Channel: HMO - Multi Occupation Questions
18-05-2022, 09:41 AM
Air b n b question

by louh79

Hi I'm looking for any advice,I'm listing a 2 bedroom penthouse on air b n b .It's 3 bedrooms ,one room is study space ,2 bathrooms, underground car parking,gym,sauna etc

I am completely new to air b n b and general renting.Is there any basics I should know .
Ive read some terms...
- Channel: HMO - Multi Occupation Questions
14-05-2022, 22:19 PM
Reply to Air b n b question

by DPT57

Do you understand that unless the person renting is genuinely on holiday, they are likely to have an Assured Shorthold Tenancy, regardless of whatever the Airbnb contract says....
- Channel: HMO - Multi Occupation Questions
16-05-2022, 08:53 AM
Reply to Air b n b question

by jpkeates

Have you checked your lease will allow this use?

Have you checked any mortgage on the property will allow this use?

Does your local authority limit how many days properties can be let in any one year?

Why have you decided to let your property when you know that...
- Channel: HMO - Multi Occupation Questions
15-05-2022, 09:33 AM
Reply to Air b n b question

by theartfullodger

Do your mortgage and insurance permit you to do this? What training in being a landlord?

Can you afford damage, voids, legal action?
- Channel: HMO - Multi Occupation Questions
15-05-2022, 09:20 AM
Reply to Can classification as an HMO reduce your house value when you sell?

by gnvqsos

I cannot see how this designation will reduce value. However many such places are hard to convert back to homes which are aesthetically pleasing .They have been spoilt by ruthless partitioning ,fire doors ,locks etc Many owners put little investment back, opting to draw rent and take a profit.
- Channel: HMO - Multi Occupation Questions
10-05-2022, 17:35 PM
Can classification as an HMO reduce your house value when you sell?

by inthelandlordzone

Hi,

I have a single dwelling five bed house with one kitchen,
but two bathrooms
and one 2 room 'suite' that has it's own shower and toilet
though kitchen and all other areas are shared
+ the house has one shared single main entrance and shared garden

...
- Channel: HMO - Multi Occupation Questions
03-05-2022, 09:55 AM
Reply to Can classification as an HMO reduce your house value when you sell?

by flyingfreehold

Will drastically reduce value
- Channel: HMO - Multi Occupation Questions
08-05-2022, 11:32 AM

Commercial leaseholder created an HMO

Commercial leaseholder created an HMO

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