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?
I can confirm completion has taken place and the funds have arrived successfully in to my account today. I would like to thank you for all of your help and professionalism during this process, it has been straight forward and a breath of fresh air compared to some previous brokers I have experienced, and very much appreciated. I look forward to the next time we can do business together (hopefully sooner rather than later)
