What is a house in multiple occupancy (HMO)?
A House in Multiple Occupancy (HMO) is a type of residential property where multiple tenants live in separate bedrooms or units within the same building or structure, but share common areas such as kitchens, bathrooms, and living spaces. HMOs are typically rented out to individuals who are not related, such as students or young professionals.
HMOs are becoming increasingly popular in many areas due to the growing demand for affordable rental housing. HMOs can offer higher rental income compared to traditional single-family homes, but they also come with unique challenges and responsibilities for the owner, such as managing multiple tenants and ensuring that the property meets relevant safety and health standards.