Definition of a HMO
Houses in multiple occupancy mean that 2 or more persons reside at the property that are not all members of the same family and are described as “qualifying persons”.
To be a “qualifying person” means that the property is the only, or principal, residence. For example, the principal place of residence by a student in term time.
N.B.: A member of the same family is considered to be:
- spouse (living together as husband and wife), civil partner (living together as if civil partners), parent, grandparent, brother, sister, child, grandchild, uncle, aunt, niece or nephew of the other person.
Guide to HMO Mortgages
- Use classes order for HMO properties
- What are the HMO regulations?
- Does a HMO need planning permission?
- Is there a register for HMOs
- What is a HMO
- Definition of a HMO
- Do I Need a Licence for a HMO
- What are HMO Properties
- What are the Requirements for a HMO
- What are the HMO Regulations
- Who will lend on HMO properties?
Just to say a big thank you to you and all the others who have helped with this process – including the underwriters at Shawbrook who met me early this morning. We have completed on the purchase successfully! This would not have been possible without your intervention – so a big thank you.