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HMO meaning: What does it stand for in property housing?
HMOS are a common way for students and young professionals to live.
With thousands returning to universities up and down the country, here we look at exactly what a HMO is...
What does HMO stand for?
HMO stands for house in multiple occupation.
This is when a property is rented out by at least 3 people who are not from one ‘household’ - like a family.
People in HMOs share facilities like the bathroom and kitchen.
It is also known as a ‘house share’.
Do you need a license for a HMO property?
Landlords should check with their local council to see if they need a license for renting out a HMO.
A separate licence is needed for each HMO they run.
There are several conditions that must be met to get a license.
According to Gov.co.uk you must make sure:
- the house is suitable for the number of occupants (this depends on its size and facilities)
- the manager of the house - you or an agent - is considered to be ‘fit and proper’, for example they have no criminal record or breach of landlord laws or code of practice
- send the council an updated gas safety certificate every year
- install and maintain smoke alarms
- provide safety certificates for all electrical appliances when requested
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Can you get fined if you do not have a licence?
You could get an unlimited fine for renting out an unlicensed HMO.
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