14:34 PM, 23rd April 2020, About A year 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.
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
Previous ArticleWhich investment market will bounce back the quickest?
Next ArticleUC47 rejected but tenant consistently in arrears?
|“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|