Marylebone Estate Agents That Know HMOs

Marylebone estate agents are very often asked to deal with enquiries and offer assistance with the same thing from both landlords and tenants: HMOs. Put basically, an HMO stands for House under Multiple Occupancy and is applicable to properties in which three or more unrelated persons live together. It sounds basic but estate agents London wide are always having to deal with issues arising from it, be they issues with compliance to an HMO licence or questions about what rights they bring tenants. So take a moment to read this quick introduction to the HMO.

Estate Agents London Based And HMO Advice For Tenants

For a lot of people, there will come a time in life when they will find themselves wanting to live with various people outside their families. This is very common within student circles as well as for those travelling for work, or just not ready to live alone. Whatever the reason, you can ask a good quality Marylebone estate agent about how an HMO affects you. An HMO licence has to be applied for by the landlord for any property he or she intends to lease out to three or more persons. The application must be sent to the council for a fee, variable from city to city, and then council inspections will be carried out to assess the living standards of the property. This is where real estate agents Marylebone wide can advise you on ensuring that you sign contracts with a landlord who is definitely licenced with an HMO. It is illegal to lease out property to three or more unrelated persons without an HMO and if tenants find themselves living in an unlicensed property, it can lead to repercussions and cause problems down the line. Consequences such as evictions and prosecution are the last thing you want to take away from your experience of living in a house or flat, so be discerning in choosing your next home and don’t be fooled. Remember that inspections for HMO licences also prevent any abuse of power by holding the property to certain standards of liveability, the licence being withheld if these standards are not met.

How An Estate Agent In Marylebone Can Help Landlords With HMOs

As with tenants, the best way Marylebone and Central London estate agents can help is by way of giving the best expert advice available on when an HMO is required. Not all properties that can house three persons or more, will require you to get an HMO licence. Mandatory licensing is needed for buildings that have three or more storeys, and five or more unrelated persons per two households in the property. As any estate agent in Marylebone will tell you, meeting this criteria will mean you have to get a licence regardless of the location of your property. You can elect to be both the licence holder and the manager, or simply the licence holder. A licence holder is, put simply, the owner of the property while the manager oversees the day to day running of the property and the communication with its tenants. Upholding quality standards of living is essential in attaining an HMO licence and a manager can make this all the easier. As a landlord, you can appoint a manager from within your chosen Marylebone high street estate agents to deal with the maintenance of your property as a means of relieving the stress of having to do everything yourself. This means that repairs can be handled via your estate agent, requests from tenants can be sent to them, and even the collection of rent can be done by your residential manager. Next Property are the best estate agents on the market and will see to it that as a landlord you’ll be in the best position to attain and comply with an HMO.

Next Property Are The Best Marylebone Estate Agents For HMOs And Beyond

Next Property are the ideal estate agents London based to manage your property and keep it in compliance with HMO standards, or to give advice to tenants on what an HMO is and the rights it gives them. So whether you’re living in an HMO property or leasing one out, one thing remains the same: Next Property are the Marylebone estate agents for you. If anything here applies to you then don’t delay, get in touch with us via our website or give us a phone on +44 (0)207 118 0000 to speak to a member of our friendly and knowledgeable staff.