HMO Properties In Reading

Everything You Should Understand About Property Licensing

Licensing & Houses Of Multiple Occupation (HMOs)

Amidst the UK's expanding population and the escalating challenge for many to afford home ownership, the trend of renting rooms within shared housing is on the rise. The private rental market is responding with an unprecedented number of houses of multiple occupation (HMOs). An HMO is essentially a residence inhabited by at least three tenants forming more than two households, meaning they are not all part of the same family. These shared living spaces are particularly appealing to students and working professionals, offering both an economical living option and the opportunity to form new friendships. If you're looking to rent, you might wonder whether an HMO is the right choice for you.

Since 2004, Adams Estates has established itself as a premier independent estate agency in Reading Berkshire, specialising in the robust HMO property sector. Expertly managing a portfolio of over 500 HMO properties, we leverage our comprehensive market insights to ensure full compliance and optimise rental income for investors. Our adept understanding of HMO rentals positions us as a trusted advisor, enhancing your property's profitability and securing its competitive edge in the dynamic property.

Protect Yourself From These Risks

Fines Up To £30,000

Criminal Prosecution

Rent Repayment Order

Rogue Landlord And Agent Database

"Any property occupied by persons who do not form a single household"

Any property occupied by persons who do not forma single household, HMOs demand diligent management in line with "The Management of House in Multiple Occupation (England) Regulation 2006 SI 2006/372". Compliance with specific local authority stipulation is also essential. In Reading, properties housing more than one household necessitate an additional licence, while larger properties must obtain a mandatory HMO licence. Local councils conduct inspections during the licence application process for HMOs, and should they fall short of required standards, landlords or owners will be compelled to undertake necessary upgrades. For more details, we invite you to reach out to us.