The Future of HMO Properties in the Face of Renters Reform Bill Changes: Challenges and Opportunities Ahead
The HMO (House in Multiple Occupation) market in the UK and London has experienced significant growth in recent years. According to recent reports, the HMO market in the UK is expected to grow by 23% between 2021 and 2025, reaching a value of £23.7 billion. However, with the new government Rental Bill proposed changes, the […]
The Key to Successful Rental Property Business – Finding the Right Tenants
As a landlord, having good tenants is crucial to the success of your rental property business. Good tenants are those who are cooperative, kind, pleasant to communicate with, and who take care of the home they live in. One of the most important things to consider when choosing tenants is to get to know them […]
As it’s the beginning of the year, I thought it would be a good time to remind myself and to all of our readers of our primary focus here at Prime Property Care. Nowadays everyone has got a lot of things on their mind, so many things to thinkand often to worry about, that is […]
How to escape from mold at your property
Recently there have been a lot of talks about mold in the news and unfortunately in rented properties mold caused by condensation is very common in winter months in the UK. Most importantly, whenever you notice mould – clean it. If you are a tenant and you care about your health, then clean it asap. […]
S21 removal, will it bring chaos in HMO properties?
There have been many talks about removing S21 as possibility to end tenancies for landlords and these are truly concerning news for HMO Landlords.But why is S21 so important for HMO Landlords? Most of the times, landlords serve S21 to tenants for a reason.At Prime Property Care we give tenants 3 chances to improve their […]
Tackling the utility bills
As the cold weather is approaching, we have prepared a detailed summary to our landlords on what we would recommend how to tackle the gas and electric price increases as in most HMO properties gas and electric bills are included in the rent.(Unless it’s a separate en-suite rooms where often would be individual electric meter […]
Communication is the Magic Key
HMO management is so much about communication than actual property itself. So what’s the best formula for successful communications with tenants, landlords, contractors and your team? Well there are so many things to consider but in my opinion the best rule of thumb is treating everyone with care (which is why our HMO management company […]
A simple explanation of what is HMO property.
We have been looking after HMO properties for almost 10 years now. And even though HMO investments are very popular in London it is still a very legitimate question to ask – what is HMO property?
You better hurry, HMO properties are still profitable today
With the property prices rising. With the energy prices skyrocketing. And with the council tax significantly increasing, it really is an important question to ask.
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