Three friends wish to rent 4 bed HMO

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    Three friends wish to rent 4 bed HMO

    Three hospital staff colleagues wish to rent an entire 4 HMO for themselves. They're happy to pay the full amount minus bills for the 4th room.
    I can foresee some potential problems. i.e. if they choose not to move out at the same time - How would you recommend the best way of doing this?

    Many thanks






    #2
    Give them standard one room and sharing agreements and charge them 4/3 the rent?
    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).

    Comment


      #3
      As post number 2.
      But you are expecting 4 people to inhabit, but if the 3 want the WHOLE property, then they pay for the WHOLE property which is 4 x the rent for each bedroom, and all the bills as per contract.
      OR you get in a 4th person in.


      Comment


        #4
        You could exclude one room from tenancy (& lock it) but you'll be liable for CT
        I am legally unqualified: If you need to rely on advice check it with a suitable authority - eg a solicitor specialising in landlord/tenant law...

        Comment


          #5
          If they're on individual agreements and it's England or Wales, the landlord will have to pay the council tax anyway.
          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).

          Comment


            #6
            Originally posted by jpkeates View Post
            If they're on individual agreements and it's England or Wales, the landlord will have to pay the council tax anyway.
            Then you just adjust the rental to include the council tax.
            Decide which way to go and adjust the rent to suit the proposed contracts.

            Comment


              #7
              Originally posted by bengal View Post
              They're happy to pay the full amount minus bills for the 4th room.
              I take that to mean
              • they are happy to pay, in total, the rent for the 4 rooms.
              • For some reason they only want to pay 3/4 of the bills.
              If that is the case, then
              1. What are their reasons for only 3/4 of the bills, as the bills re likely to be 3/4 of "normal" anyway?
              2. would you be likely to be able to get a better deal at this time?
              It might be that your best bet would be to give a single tenancy for the whole property, and maybe allow them to take in a lodger.

              Comment

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