Not exactly the same but I was approached by a charity asking me to home ex-homeless people who were now ready to move into independent accommodation. I was assured that they had been through a rehabilitation process and that they...
This cannot be mortgaged with a standard buy-to-let mortgage. And I doubt a standard HMO mortgage either because of the separate entrance. Most likely you need a “multi-use” mortgage and would need a commercial broker for this. It just comes...
I give all my tenants a guide on how to deal with the issues that cause mould. It also explains what responsibilities they have and what responsibilities I have. Best to get everything clear at the beginning.
Reply to the comment left by Bos Tin at 11/11/2022 - 14:08Not in the case of HMO's where multiple tenants will be sharing a property. When I sell my two properties it will be 10 tenants having to leave with...
Completely agree, I never thought I would find myself wanting to sell my rental properties as I have great relationships with my tenants, really enjoy(ed) the industry and found something worthwhile in providing affordable, quality, housing. I could even tolerate...
Some cookies are needed to make the site work, and we always set those. We would also
like to use analytics and advertising cookies to understand how the site is used —
but only if you say yes. You can change your mind at any time in our
cookie policy.
24th June 2024, 2 years ago
Not exactly the same but I was approached by a charity asking me to home ex-homeless people who were now ready to move into independent accommodation. I was assured that they had been through a rehabilitation process and that they...
Read More →21st April 2023, 3 years ago
This cannot be mortgaged with a standard buy-to-let mortgage. And I doubt a standard HMO mortgage either because of the separate entrance. Most likely you need a “multi-use” mortgage and would need a commercial broker for this. It just comes...
Read More →1st April 2023, 3 years ago
I give all my tenants a guide on how to deal with the issues that cause mould. It also explains what responsibilities they have and what responsibilities I have. Best to get everything clear at the beginning.
Read More →Reply to comment left by Bos Tin at 11/11/2022 - 14:08
Reply to the comment left by Bos Tin at 11/11/2022 - 14:08Not in the case of HMO's where multiple tenants will be sharing a property. When I sell my two properties it will be 10 tenants having to leave with...
Read More →11th November 2022, 4 years ago
Completely agree, I never thought I would find myself wanting to sell my rental properties as I have great relationships with my tenants, really enjoy(ed) the industry and found something worthwhile in providing affordable, quality, housing. I could even tolerate...
Read More →Reply to comment left by Darren Peters at 23/06/2022 - 11:15
Reply to the comment left by Darren Peters at 23/06/2022 - 11:15Completely agree. You should be factoring all your time and costs into the rent.
Read More →