HMO Properties For Sale In Barrow-In-Furness
(House Of Multiple Occupants)
Property For Sale From The Herdman Homes Property Group

Whether you’re a tenant searching for somewhere to live or a landlord looking for property to invest in, chances are you’ve come across the initialism ‘HMO’ at some point. What does it stand for? Well, in this post we’ll explore the question, ‘What is an HMO property?’ in detail, and we’ll also look at some of the key differences between HMOs and other rental properties, too.

We’ll get the big question out of the way: ‘What is an HMO property exactly?’. First, let’s look at what the initialism stands for: HMO means House in Multiple Occupation. Sounds straightforward enough, right?

However, many types of accommodation could be deemed an HMO. These may include, but are not limited to:

> Hostels

> Buildings containing numerous bedsits with some shared facilities

> Shared houses

> Lodgings

> Buildings containing flats with their own facilities, but are not self-contained

> Private halls of residence

> Refuges

> Blocks of converted flats

> Employee accommodation

As you can see, the term can be quite broad. A good rule of thumb is a property which is occupied by three or more tenants, who form more than one household and share facilities such as a bathroom, toilet, or kitchen, could be deemed an HMO. NOTE: Households are regarded as family members living together or single people living alone.