York is home to over 27,000 university students.  Many of them live in houses in multiple occupation (HMOs) operated by private Landlords who play a vital role in the student ecosystem.

A critical aspect of operating an HMO is compliance with specific local regulations.  These rules ensure that Tenants live in accommodation that is safe, comfortable and functional – which is of course a commercial and ethical priority for any Landlord.

HMO regulations are intricate and ever-changing.  Since founding Velorum Property in 2015, we have successfully obtained HMO planning permissions and licences, built extensions and optimised internal floor plans, maximised bedroom count while adhering to all the regulations. 

In our experience, York Council’s teams are staffed by professional well-meaning specialists.  However, regulatory complexity and the evolving roles of the Council’s departments are tricky to navigate.  This presents a challenge for current Landlords and those looking to enter the HMO investment market. 

We offer consulting and project management solutions to York’s existing HMO Landlords who:

>> must comply with the licencing regime that now covers all HMOs with 3+ Tenants.  The new rules set the standards for room sizes, kitchen amenities, fire safety etc.  Failure to comply may result in prosecution and fines of up to £30,000.  If you applied for a licence, got a prescriptions report from Council, and need help with implementation – especially to safeguard the number of rentable bedrooms – get in touch

>> are planning to remortgage or sell properties.  Getting a planning permission is often necessary, and takes 3-6 months.  We have ample experience in navigating the HMO waters and can assist

We also help investors who consider buying HMO assets in York:

>> Regulations differ from city to city.  York’s are unique and your conveyancer and mortgage broker are unlikely to offer expert advice.  It is easy to misinterpret the legal nuances, and to end up buying a property that has fewer legally rentable bedrooms than advertised.  Our expertise can help you avoid investment risk and maximise profitability

If the above applies to you, arrange a free consultation by filling out the form below: