Do you have a HMO that you would like managed? Are you thinking of starting up an HMO and need some help and advice to get it up and running?
HMOs (Houses in Multiple Occupation) are increasingly popular among property owners looking for extremely strong returns on their investments.
These properties can achieve 3 x higher rental yields than standard single let properties and meet a strong demand amongst tenants for smart, flexible, affordable living.
A HMO is a house or flat that’s let to 3 or more tenants who form more than one household. Whether the HMO requires a licence depends upon the number or tenants, storeys to the property and local authority rules.
HMO properties do require a great deal more hands-on management than single lets, which is why most high street agents shy away from them. They tend to have little understanding of them and the marketplace for HMOs.
To discuss your HMO management requirements, please contact Elma Shortt on 01923 883 627 or email property@homeherts.co.uk.
HMO properties do require a great deal more hands-on management than single lets, which is why most high street agents shy away from them. They tend to have little understanding of them and the marketplace for HMOs.
At Home Herts we both own and manage HMOs and this gives us a real insight into the day-to-day operation and management of HMOs. We are also accredited members of the National Landlord Association. We are based in the areas covered by the following councils: Watford, Herstmere and St Albans.
Our HMO fully managed service includes:
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Room let and day-to-day management
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Advice on HMO legislation
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Advice on Article 4 restrictions
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Liaising with local authorities
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Administration and completion of HMO licences
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Organisation of all safety tests
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Compliance with amenity, space and fire regulations
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Monthly inspections
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Arranging an EPC
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Ensuring suitable waste management
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Ensuring fire escape routes are kept clear
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Arrangement of fire risk assessments and fire alarm testing
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Ensuring the property is kept in good repair to comply with HHSRS
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Arrangement of maintenance/upgrade work
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Organisation of cleaning and gardening
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Ensuring rent is collected on time
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Serving of legal notices
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Tenant support: 24hr emergency helpline
CONTACT US
ADDRESS
Arquen House
4-6 Spicer Street
St Albans
AL3 4PQ
ALTERNATIVELY YOU CAN FILL IN THE FOLLOWING CONTACT FORM:
TO SPEAK WITH AN AGENT,
PLEASE CALL OR EMAIL US:
Email: property@homeherts.co.uk
Office: 01923 883627