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Young Adults Renting Premium Property

adz0rz
adz0rz Posts: 30 Forumite
Seventh Anniversary Combo Breaker
edited 12 November 2013 at 12:06PM in House buying, renting & selling
Deleted Thread
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Comments

  • References (presuming you've rented before) may help
  • adz0rz
    adz0rz Posts: 30 Forumite
    Seventh Anniversary Combo Breaker
    Thanks - Yes we do all have references albeit on much smaller properties!

    I'm hoping that we are just worrying too much and the landlords will just go on the normal basis of Salary, Credit Check, Refrences, etc
  • 19lottie82
    19lottie82 Posts: 6,030 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    A bit off the original topic but I'd think carefully about renting with so many people. There is a decent chance it will end up in trouble / fall outs. Remember it is likely that all bills will be joint / separately liable, so if one person breaks the contract or doesn't pay up, it could cause endless difficulties.

    Also LLs will need an HMO license to lend to so many unrelated people so you may find that the majority of properties that suit you in this way, are more geared towards students.
  • adz0rz
    adz0rz Posts: 30 Forumite
    Seventh Anniversary Combo Breaker
    Thanks for your advice, it's something i thought a great deal about but the fact that other the last 3-4 years we have all lived together at some point and been friends since very young i'm confident it will work out.

    The HMO license, is that only for student houses? - As that is something we are keeping clear from as they are horrible.

    If you google "shirley drive hove 5 bedroom" the houses that will come up are more what we're looking for. Clearly not student houses :)

    Thanks
  • Guest101
    Guest101 Posts: 15,764 Forumite
    You misunderstood, a HMO is required when so many unrelated people wish to rent a property.

    (So if you were a family of 5 it wouldn't apply)

    Most LL's who get HMO licences, gear their properties towards students. So this house may not be covered as such.
  • thelem
    thelem Posts: 774 Forumite
    Guest101 wrote: »
    Most LL's who get HMO licences, gear their properties towards students. So this house may not be covered as such.

    That's the sort of landlord who buys a two-up two-down, adds a lean-to bathroom on the ground floor so they can have three bedrooms upstairs (converted bathroom) and a bedroom downstairs (converted reception room) to rent to four or five students.

    You may find the sort of places you're looking at have been rented to families, so haven't needed an HMO licence, which can be costly to get. You can sneek under the HMO rules by making sure the property has no more than two stories (including attics and basements) or if one of you drops out.

    http://www.brighton-hove.gov.uk/content/housing/general-housing/hmo-licensing
    Note: Unless otherwise stated, my property related posts refer to England & Wales. Please make sure you state if you are discussing Scotland or elsewhere as laws differ.
  • martinsurrey
    martinsurrey Posts: 3,368 Forumite
    19lottie82 wrote: »
    Also LLs will need an HMO license to lend to so many unrelated people so you may find that the majority of properties that suit you in this way, are more geared towards students.
    Guest101 wrote: »
    You misunderstood, a HMO is required when so many unrelated people wish to rent a property.

    (So if you were a family of 5 it wouldn't apply)

    Most LL's who get HMO licences, gear their properties towards students. So this house may not be covered as such.


    A lot of misinformation about HMO's on here.

    A Licenceis required if the building is more than 2 stories, and rented to more than one household, unless the local council has implemented tougher criteria.

    In Brighton only 5 wards have tougher criteria

    http://www.brighton-hove.gov.uk/content/housing/general-housing/hmo-licensing

    so the OP can rent a 100 bedroom 2 story house (if he could find one) and share it with 99 of his friends WITHOUT the LL getting a licence, as long as its not in the 5 wards listed.
  • adz0rz
    adz0rz Posts: 30 Forumite
    Seventh Anniversary Combo Breaker
    Thanks, i had a look at the link to Brighton and Hove HMO and it said the attic/basement only counts as a storey if it is part of the living accomadation. Does that mean as a bedroom or just usable as a attic?

    Just to clarify.... If there was only four of us would this mean we could live anywhere?
  • Cornucopia
    Cornucopia Posts: 16,492 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    adz0rz wrote: »
    Just to clarify.... If there was only four of us would this mean we could live anywhere?

    Yes. The rules say: "occupied by five or more people forming two or more households"
  • japmis
    japmis Posts: 452 Forumite
    How about saying the LL can arrange for a weekly /fortnightly cleaner/gardener which the tenants will pay for? (Or you arrange and send receipt as evidence to the LL).
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