Wolverhampton Property Sourcing

About Wolverhampton Property Sourcing

Wolverhampton Property Sourcing specialises in finding high yielding property investments in Wolverhampton and surrounding areas. Contact me 07976443078.

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New HMO Rules
As some of you are aware as of the 1st Oct 2018 the new HMO Licensing Rules/Regulations will come into force, here are some of the changes:
Key Changes ... 1, Minimum room sizes are being introduced 2, Landlords who fall under the new regulations must apply for a license by 1st October 2018 3, The three storey rule will not exist
The minimum bedroom sizes are: 6.51 m2 for one adult and any room with a ceiling height less than 1.5metres cannot be included as a minimum room size.
License HMO Landlords/Landladies with properties that fall under the new definition must apply for a license (or temporary exemption) by the 1st of October 2018. If your property is already licensed under mandatory or additional licensing then your existing licence applies until its expiry date. The new minimum room size requirements will apply from the renewal of your licence.
No three storey rule The requirement for a property to have three storeys to need a license is being scrapped. That means any HMO occupied by 5 or more individuals (who aren’t all related) will need a licence. This occupation requirement isn’t changing.
Applying for a license Landlords/Landladies of HMOs that fall under the new definition must apply for a license (or temporary exemption) by the 1st of October 2018. If they don’t they’ll be committing a criminal offence.If your property is already licensed under mandatory or additional licensing then your existing licence applies until its expiry date. The new minimum room size requirements will apply from the renewal of your licence.
Please contact your local council for further clarification or refer to Government guidelines.
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More about Wolverhampton Property Sourcing

Wolverhampton Property Sourcing is located at Unit 3 Cable Street, WV2 2 HX Wolverhampton
07976443078