14:20 PM, 15th February 2017, About 5 years ago
Rental income soaring as HMOs become the preferred asset class for investors, landlords, and with supply and affordability more important than ever, tenants too.
In September 2016, Shawbrook Bank claimed that the Houses of Multiple Occupancy (HMO) market was set to see immediate substantial investment and growth, based on primary research identifying that 53% of property investors had HMOs in their sights.
Today, a record number of buy-to-let owners are now looking to convert their properties to HMOs, in order to increase rental income as tax increases take their toll, Roma Finance reports.
Shawbrook stated that 72% of investors cited a significantly higher yield as the main attraction, followed by the potential for capital growth. Recent research also identifies a much greater opportunity to rent more rooms in more cities with higher populations of students and young professionals.
Investors are now looking at high-specification HMO developments to maximise returns from rental income, taking a huge leap from the yield usually earned from regular buy-to-let investments.
Teaming up with some of the UK’s top developers, BuyAssociation bring top-end, high-specification properties to the market, that promise high rental income and an assured minimum 8% net yield.
Here’s what you can expect from BuyAssociation HMOs:
Advice and implementation provided by a practising Barrister-At-Law with £10,000,000 of Professional Indemnity InsuranceBook Now
|“Account”||means an account required to access and/or use certain areas and features of Our Site;|
|“Cookie”||means a small text file placed on your computer or device by Our Site when you visit certain parts of Our Site and/or when you use certain features of Our Site. Details of the Cookies used by Our Site are set out in section 13, below;|
|“Cookie Law”||means the relevant parts of the Privacy and Electronic Communications (EC Directive) Regulations 2003;|
|“personal data”||means any and all data that relates to an identifiable person who can be directly or indirectly identified from that data. In this case, it means personal data that you give to Us via Our Site. This definition shall, where applicable, incorporate the definitions provided in the EU Regulation 2016/679 – the General Data Protection Regulation (“GDPR”); and|
|“We/Us/Our”||Means Property118 Ltd , a limited company registered in England under company number 10295964, whose registered address is 1st Floor, Woburn House, 84 St Benedicts Street, Norwich, NR2 4AB.|
|Name of Cookie||Purpose||Strictly Necessary|
|JSESSIONID||Used only to collect performance data, with any identifiable data obfuscated||No|
|__cfduid||This cookie is strictly necessary for Cloudflare's security features and cannot be turned off.||Yes|
|Name of Cookie||First / Third Party||Provider||Purpose|
|__utma, __utmb, __utmc, __utmt, __utmz||First||Helps to understand how their visitors engage with our website|
|_fbp||First||Helps to understand how their visitors engage with our website|