Property Investment

Archive for July, 2006

Licence to HMO

Wednesday, July 5th, 2006

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The BBC reminds us that new laws affecting HMO’s come in tomorrow:

On 6 July new rules governing the upkeep of large rental property, such as student houses, in England come into force.

Residents in houses in multiple occupation (HMO) suffer a higher incidence of death and injury as a result of accidents than other types of property.

In response to this fact, the government introduced legislation in the Housing Act 2004 to improve the quality and safety of rental properties.

HMOs must meet rigorous fire standards. They need fire doors, emergency lights, alarms in the mains power supply, signs on the walls for the escape routes and door locks will have to be fitted.

And some types of HMOs will require a licence to be granted by the local authority.

Call me a skeptic but how does charging a landlord upto £1100 for a license make the house safer?

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