Around half of HMO (house in multiple occupation) landlords surveyed said that they use their property or portfolio as their sole source of income.
Despite the challenges of managing HMOs, the survey revealed that nearly half of the properties were self-managed by landlords.
The most common HMO portfolio size was the smallest, with 34% having between 4-10 properties.
Despite proposed rental reforms and local authority licensing schemes, confidence in HMOs remains strong, with the housing shortage driving demand for well managed house shares. Source: Dataloft by PriceHubble, Landbay. June 2024
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