Licensing for HMO properties is important to consider, which is yet another reason why people choose to invest with Vivo Properties when investing in these lucrative ventures. We have the time, knowledge and experience in dealing with these kinds of investments and we deal with issues like this every day.

Essentially, there are circumstances in which, HMO properties do need to be licensed.  However, licensing depends on your local council and indeed, their regulations. Some councils for instance, have ‘’additional licensing’’ which may be mandatory as well. Therefore, before you begin your journey with HMO accommodation, get more information from your local council, as this certainly makes a difference when looking at HMO investment properties.

Although an excellent investment for the long-term, HMO requires a high start-up cost and management. House in Multiple Occupancy or House of Multiple Occupation (HMO) is a type of property for both short and long-term rental, typically six months.

Configurations of an HMO can come in numerous forms, such as two couples living together (2 households) or three friends living together (3 households). A small HMO can go up to 6 tenants sharing facilities, while a large HMO is for seven or more tenants sharing facilities.