Legislation regarding houses of multiple occupation (HMOs) could catch out unprepared landlords as new rules come into effect on October 1st.
Estimates from the Residential Landlords Association put the number of landlords that will be subject to mandatory licensing at 177,000.
Currently, HMO licenses are only required for those properties with three or more storeys that are occupied by five or more people from at least two households.
But the new rules mean that any property with the aforementioned occupation threshold will need a HMO license, regardless of size.
These changes will also affect existing HMO landlords, who may require changes to their properties in order to comply with the new rules. Some may need to make property renovations in order to qualify.
This is because the government is also introducing minimum room sizes for licensed HMOs. Any landlords that do not apply for the necessary paperwork from their local council in time could be subject to unlimited fines or legal action.
Experts recognise that many landlords may be unaware of these changes, especially considering that these new rules are just one of several changes that have impacted them in recent years.
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
|cookielawinfo-checkbox-analytics||11 months||This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".|
|cookielawinfo-checkbox-functional||11 months||The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".|
|cookielawinfo-checkbox-necessary||11 months||This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".|
|cookielawinfo-checkbox-others||11 months||This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.|
|cookielawinfo-checkbox-performance||11 months||This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".|
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.