A Heap of HMO Mess
“A heap of HMO mess” BRRR can cause issues and it’s worth me running through some of the ones I see weekly as I perform my job. Picture the scenario… You bought a 3-bed terraced house off-market for £120,000 in 2020 🏚️ You got an architect to design a
What does ‘market value’ mean to you?
What does ‘market value’ mean to you? It’s the price someone is prepared to pay for a product, right? After fair marketing and allowing for standard market conditions? Or some crap like that. Is it the price that a property would obtain at an auction? The value that a property
“Create an HMO that you’d live in yourself”
☕️ Grab a brew and read about HMOs for the next 7 minutes… “Create an HMO that you’d live in yourself” This is the general, generic comment that we hear quite a lot from landlords. And why not! It’s a great rule to live by and to develop and
Stick with the experts
❌ Why I won’t be selling any social housing or supported living properties this year ❌ It’s still the same, really. I could give it a go and try and sell HMOs with active social housing leases on them and take them on face value. So many of
Controversial Post (on social housing leases)
“If I add a social housing contract to my HMO before I sell, will it increase the value” I get asked this most days. The obvious answer should be ‘yes’ - what’s not to like about a fixed net income and a long term tenant who