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With rising demand for affordable housing, many landlords consider turning a property into a house in multiple occupation (HMO). The higher rental yields can be tempting, but HMOs come with stricter rules and heavier responsibilities. Handled well, they can be profitable. Handled badly, they can be stressful and costly.
In this week’s episode of The Investor’s Corner Podcast, we break down exactly what’s changing, when it’s happening, and what every landlord needs to do to stay compliant and profitable.
If you walk down almost any Tadley road or street, you will see the quiet signs of life playing out behind the front doors. Families growing. Kids leaving home. Kitchens are being refitted for the second or third time. Yet somewhere in that rhythm, every homeowner starts to feel it again ... the gentle itch to move.
Would it surprise you that of the 10.94 million homes that have left UK estate agents books since January 2019, only 6.33 million (or 57.86%) sold and moved. The other 4.61 million came off the market unsold. This is the extent of the sellability issue.