Who, How and Why of HMO investors

• 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