New HMO legislation confirmed for October 2018
The government has confirmed that there will be an extension of the licensing rules for Houses in Multiple Occupation (HMOs) and that all landlords covered by the rules must apply for a licence by 1st October 2018. Here is a brief summary of what you need to know.
The ‘three-storey rule’ has been removed. As of 1 October 2018, a property will be considered a HMO if it is occupied by more than four people and these people form two or more separate households. The requirement for it to cover three or more stories of a property has now been removed and it is estimated that this Change will mean that some 177,000 rental properties will now be classed as HMOs. Tenants may be considered to belong to separate households even if they have a joint tenancy agreement. For example, if a property was let to five students then it would probably be classed as a HMO even if the students took out a joint tenancy agreement. It is not always straightforward to determine whether or not a particular tenancy situation would require HMO licensing so landlords may want to Ask a lawyer (or get a HMO licence to be on the safe side if the costs are affordable).
The proposed 6-month grace period has been abandoned.
Properties which are already covered by an HMO licence will continue to be covered as before, but landlords of properties which require new licensing must apply for a licence by 1st October and in order to ensure that your application is granted (or at least to minimise the chances of it being refused), you will need to ensure that your property complies with local authority requirements.
You may need to update your mortgage lender and insurance policy.
If you have a mortgage and/or insurance which currently excludes HMOs then you will need to contact the relevant companies and work something out with them. Do not be tempted to skip this step and carry on as normal and just say you forgot if something happens, as it could land you in a lot of trouble. There is however, no need to panic as lenders and insurers both do good business with landlords and therefore it’s in their interests to find a reasonable way to address this situation.
The minimal-size rule has not been applied at this point
At this point in time, there is no centrally-applied minimum-size rule for rooms in HMOs, although some local authorities may have their own requirements. While the minimum-size rule has triggered widespread criticism, there may be an upside to it. If the government can be persuaded to set the minimum size at a national level rather than giving local authorities the ability to set their own rules, then landlords would at least have a level playing field and a degree of certainty as to where they stand.
We understand the struggle of finding the right student accommodation; Is it close enough to university? Is it affordable for the student life? Is it party proof? Does it have enough bathrooms? Is it close enough to the Manchester night clubs? Would my parents be happy with it?
These are the questions we ask ourselves when looking for the perfect property for students to ensure we are meeting your specific needs. With a student on board our team to provide us with the right insight into what you Manchester students are looking for, this differentiates ourselves to other agencies offering student properties. We know what you want, we therefore offer nothing less, but more. So..Still not found your perfect student property for 2017-2018 academic year?
Railton-Meeks are offering a beautiful three story Georgian house, located in the heart of Fallow field with a 2mile radius from The University of Manchester and Manchester Metropolitan University, a 10 minute bus ride into Deansgate locks, or Manchester’s Drum’n’Bass heaven Factory! The property offers 7 large bedrooms, all with ensuite bathrooms each, extremely spacious living room expanding onto a sleek modernised kitchen.
The property is undergoing a full refurbishment, in which fully insulated walls will be developed specifically designed to meet the student budget!
Just to make the start of your move to a new home even more exciting, we are offering 2 FREE VIP Parklife weekender tickets for 2 people!
HOW? Refer Railton-Meeks with a group of students seeking accommodation for academic year of 2017-2018.
Manchester Universities Students…
Railton-Meeks are now advertising their South Manchester students houses for the next academic year. It certainly gets earlier and earlier! Manchester Universities students are busy searching for their next property prior to the Christmas break. At this stage in the year, it is true that all the good properties get snapped up! It is true that the ‘Early bird catches the worm!’
We are currently in the process of refurbishing a end of two bed terrace, which will be available to let around the 8th November. The property will be brand new throughout, and will be able to accommodate 3 professionals or students sharing. As this is a quiet time of year for lettings, this property is available to let from £600.00, which is a bargain, as next summer it will be on the market for £800.00 p.c.m.
If you require more information please email Tara on email@example.com
We have now released some student house shares commencing bank holiday weekend, to move into ASAP. All properties are of a very good standard. Please telephone for further information and to book a viewing.
We have a large victorian semi which is currently undergoing refurbishment on Cromer Avenue in West Didsbury. The rooms are all large doubles and there are two bathrooms to share between the four bedrooms. This property is reserved and available for professional tenants only.
Available on Springdale Gardens is a beautiful family home a short walk from the shops and village centre. This property has 2 large reception rooms, 2 large doubles and one smaller double. The bathroom has a bath and shower over. These properties rarely come on the market. Particular with parking for up to 3 cars! Must be viewed, please ring for an appointment.
New to the market is a 3 double bedroomed professional house share. Five minute walk from Wilmslow Road. Furnished or unfurnished. This house must be viewed.
Stunning two bed town house with substantial garden and excellent entertaining space. This property is now back on the market. Would suit professional couple with young family, or two professionals sharing who would appreciate a large entertaining space. Must be seen. Now reduced for q quick let this week. Book into view!
Railton-Meeks are now offering a Let Only service. We guarantee to let your property within one month or your money back!! We are super confident that although we are entering one of the quiet times of the year for letting; we can let your property within this time frame. We offer excellent value for money with our Let Only service. We also provide a free consultation on how to improve your property to attract tenants who will look after your property and pay the highest rents!!! Please telephone and ask for Tara, and she will be happy to talk you through our service.