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[AlexR]

The elephant in the room is that the Local Authorities do not enforce the standards required. Some Local Authorities take money for registration of properties and never visit or check anything....

[AlexR]

Selling a HMO with 7 letting rooms is a tricky balancing act; if you empty the property of its tenants you have an asset with no income. If the seller empties the property of its tenants and the buyer pulls out at the last minute then he will be again left with no income. A vacant HMO will be less valuable...