Skip to playerSkip to main content
#HMOLandlords #PropertyInvestment #LandlordTips #UKProperty #HMOAdvice
Are you a first-time HMO landlord? Avoid costly mistakes with this 2025 guide to managing HMOs successfully. Learn the top pitfalls and how to protect your investment. More info: dmnproperty.com/
Transcript
00:00Launching an HMO can be rewarding, but the learning curve is steep, and the stakes are high.
00:06Many new owners underestimate the complexity of licensing, fire safety, records, and tenant management.
00:13This guide outlines the 10 most common errors made by first-time property owners and provides practical ways to avoid them,
00:20ensuring your property remains compliant, profitable, and well-managed from day one.
00:24A house in multiple occupation comes with tighter rules, more moving parts, and a duty of care that is more stringent than single lets.
00:34One of the most expensive mistakes is operating without the right license.
00:39Fire safety is non-negotiable.
00:42Weak referencing leads to arrears and friction.
00:46Planning and licensing are different.
00:49Compliance is not a one-off.
00:51Multiple adults sharing kitchens and bathrooms need clarity.
00:56HMOs incur higher bills, and missing paperwork is a fast route to penalties.
01:02Coordinating multiple tenancies demands time, systems, and calm.
01:07Please like, share, leave a comment, and subscribe to our channel for more interesting videos.
01:12Like, share, leave a comment.
Be the first to comment
Add your comment

Recommended