HMO Management

We are very interested to take over the Management and further Letting of large Houses in Multiple Occupation (HMOs) under either a ‘Rent to Rent’ position or a ‘Purchase Lease Option’ basis.

If you currently have a large HMO with Four Rentable Bedrooms or more and wish to discuss these options further, please do contact us at your earliest convenience.

Either of these arrangements would mean the ability to delegate the smooth running and compliance to us entirely, so you could enjoy the full benefits of your time more and receive a monthly agreed and guaranteed Bank Transfer.

The Property Lettings Market is still incredibly strong! 

 Record Rental amounts can be achieved especially for highly Presented Properties that are also well located, that is ideally  within a 15 minute walk of a Station.

 In 24 years, the current Rental amounts are consistently setting record levels.

 Our most important task is to, for every property, select the most suitable potential Tenants each time, despite the huge amount of enquiries being received!

 The Sales Market is, with so much Economic uncertainty and concern, relatively quiet, but we do feel that it will only get stronger as markets settle.

 There are still purchasers about but they will be rather conservative in what they would offer. Currently well-presented properties with good Room sizes, will always be very attractive! 

Claimable Landlords Expenses

Here we highlight various Tax Allowances you could be entitled to but weren’t aware of, so you could save yourself a considerable amount of Tax by applying this Knowledge.

Maintenance & Repairs

-Repairs and replacements to the Property’s structure and exterior, for example the roof, windows, radiators, and toilets.-Decorating costs.-Safety checks for Gas, Electricity, and Detectors.-Allowable expenses are for maintaining and repairing only, not purely updating it.

Landlords Insurance

-Essential to protect your Property.-Standard Buildings Insurance.-Contents Insurance.-Liability Insurance to protect you from an action brought by a Tenant for injuries or damages claimed caused by your property.-Rent Protection / Legal Expenses Insurance.It is always better to be safe than sorry, especially when the cost of insuring can be lawfully claimed against tax.

Adminstration / General Operation

For the general management of your Property these items can all add up considerably.-Costs of phone calls, stationery, advertising.-Expenses whilst property is empty.-Travel expenses and goods costs.-HMO / Selective Licence Fees & Expenses-Ground Rent & Service Charges

Professional Services

-Inventory / Schedule of Condition charges.-Accountant’s Fees-Managing Agents Fees and Expenses-Letting Agents Fees & Expenses.-Credit Check / Expenses Referencing.

Solicitors Fees

-Incurring the above Fees and Expenses maximises your time whilst making sure you have everything attended to Professionally and to a very high standard.

Mortgage Relief

-20% of the Mortgage Interest if an individual Landlord-100% if a Company Landlord.