What changes do you expect to the HMO market in the future?

[nmb]

Even though the HMO market will be vital to the UK property market going forward, what changes do you expect from UK governments in the future? In many ways they seem to be grabbing as much tax as possible from the UK property market to cover shortfalls in government budgets. However, surely recent tax changes have pushed the attractions of the UK HMO market to the limit? How many more cost rises can the market take before investors begin to look elsewhere?

 

[Nicholas Wallwork]

I think other than individual council tax bandings (specific to HMOs) - HMO's are likely to be more attractive due to the higher yields vs single lets. The higher income will cover the higher taxes easier than traditional buy to let properties and as such I see this market increasing not decreasing...

 

[nmb]

One other benefit of an HMO is found with the shared facilities which reduce the cost compared to stand-alone properties.