Do I need a license for my House in Multiple Occupation(HMO)?
Yes, depending on your location and the number of tenants, you may need a specific license to operate an HMO. It's essential to check local regulations to ensure compliance.
How can Travas Estates help with HMO management?
We provide comprehensive management services, including tenant sourcing, property maintenance, compliance checks, and financial management, ensuring your HMO operates smoothly and profitably.
What are the benefits of using serviced accommodation(SA)?
Serviced accommodations offer flexibility, convenience, and a home-like environment for guests. They often yield higher rental returns compared to traditional long-term rentals.
How do you ensure tenant satisfaction in HMO properties?
We prioritize tenant relations through regular communication, prompt maintenance responses, and community-building activities, ensuring a positive living experience.
What fees do you charge for property management services?
Our fees vary based on the level of service required. We offer transparent pricing with no hidden costs, ensuring you know what to expect.
Can I use my property for both HMO and SA?
Yes, many property owners successfully operate their properties as both HMOs and serviced accommodations, depending on demand and regulations. We can assist in navigating this dual approach.
