Health and Safety
The rules for HMOs are much stricter than for single lets. We can advise landlords of works which will need to be carried out to meet all standards to qualify for an HMO licence and provide quotes from our trusted contractors. You will need fire doors and mains-connected smoke alarms, with regular testing. We will arrange your gas and electrical safety checks and ensure they are completed on time to ensure the safety of your tenants.
There are rules as to which type of furniture can be purchased to meet fire safety standards and must carry the fire-resistant symbol. We will carry out monthly inspections of your property to ensure the tenants are not storing bikes etc which may hinder exit in the event of a fire and check the furniture and if items require replacing in the property. We also routinely check for damp or hazards, which can be reported and swiftly dealt with.
Finding your Tenants
Finding the right tenants is an essential part of HMO management. Not only do you need your tenants to be referenced and screened, but they also need to get on with each other to ensure a happy household. We get to know our tenants in HMOs so if a room becomes available, we know exactly who we are looking for to fill that room. We have a dedicated team as we know tenant screening and referencing are crucial, and we can offer rent guarantee insurance giving you further reassurance.
Our fully managed package includes marketing on all the most popular websites where tenants are searching for a property, accompanied viewings, tenant referencing and drawing up a specialised tenancy agreement for HMO. We collect the rent and manage rent arrears immediately.
We arrange and oversee the property by making regular inspections. We can then pick up quickly any maintenance needed, and we have trusted contractors who we have worked with for years who are dedicated to our properties for a quick and cost-effective resolution of any maintenance needed.
Communal areas should be cleaned weekly or fortnightly, and this is another opportunity to check the property.
Any disputes or difficulties between tenants are swiftly dealt with by our experienced team.
As our landlord, you have full access to our Landlord Portal so at any time day or night you can check your accounts, rent, description and photos of your property and download statements and invoices. We can provide you with an income statement at the end of each financial year at the click of a button making your accounting simple.
HMOs, take time and dedication to set up so you get it right the first time and managing an HMO can be a full-time job. If not managed correctly the penalties can include large fines. A HMO manager is required to be within a two-hour drive of the property at all times.