14:34 PM, 23rd April 2020, About 3 years ago 19
Hi all, We have an empty HMO and have been approached by a care company who house service users with learning difficulties through the local council. They’re looking for HMO type properties to place service users with live in carers.
We’re completely new to this so wondered if anyone can provide some links/sources/information so we can know the pros and cons + pitfalls and research before making an any agreements.
The agreement would be with the company rather than the service users although I understand that this can still be an issue for buy to let mortgages.
Service users would be young adults with learning disabilities and live in carer 24/7. Company say they would give property back in same condition as at start, would cover any damage costs etc.
How can I go about doing thorough due diligence and referencing for a company like this?
Any advice would be much appreciated.
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