What is an HMO property
12jacob20 Nov, 2023Real Estate
An HMO property refers to any residential accommodation that is shared among several tenants, where each occupant forms more than one household. These properties will likely require a licence and must comply with specific regulations. HMO properties are popular with students and young professionals looking for affordable living arrangements in close proximity to their universities or workplaces. They can also provide an attractive return for landlords.
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