Managing an HMO involves significantly more work compared to managing a single let property, as it entails handling multiple tenancy agreements and typically accommodating more tenants. Additionally, the process of sourcing and vetting tenants requires specialized knowledge, as turnover rates tend to be higher.

Instead of relying solely on traditional websites like Rightmove, we utilize more specialized platforms such as Spare Room and various social media channels to attract tenants. We also opt for smaller bonds, as tenants are only responsible for their individual rooms, and this helps reduce the initial moving-in costs. Moreover, we offer shorter tenancy agreements to facilitate quicker tenant turnover and ensure efficient occupancy of the property.

We oversee lucrative HMO properties across Leeds, Wakefield, Castleford, Normanton, Doncaster, Barnsley, and Sheffield, and have recently expanded our renowned service to encompass HMO management. Our proficiency in closely monitoring rental accounts and addressing maintenance concerns enables us to effectively handle the additional time and expenses involved. Our fee for HMO management is set at 12.5%.

Whether you already own an HMO or are in the process of sourcing your first or subsequent HMO property, we're here to support you at every stage of the journey. This includes verifying a property's eligibility in accordance with current HMO licensing regulations.

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