So, what exactly is an HMO? You’ve probably heard the term, but the definition can feel a bit technical. Put simply, a House in Multiple Occupation (HMO) is a property rented out by at least three people who are not from one single ‘household’ but share facilities like the kitchen or...
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A UK Homeowner's Guide to Rent a Room in My House
Thinking about how to rent a room in my house? You're not alone. It's a savvy move many UK homeowners are making to bring in some extra cash – often enough to take a real chunk out of the mortgage payments. By becoming a live-in landlord, you can turn an...
A Homeowner's Guide to Letting a Room in Your House
Letting a room in your house can be a fantastic way to bring in some extra cash. Thanks to the UK's Rent a Room Scheme, you can earn up to £7,500 per year tax-free. But it’s not just a simple financial transaction. It means sharing your personal space, getting to...
Template for rent agreement: Your Essential Guide
A solid template for rent agreement is your first line of defence. It’s the document that sets clear expectations and legally protects your investment from day one, transforming a simple handshake into a binding contract that defines everything from rent payments to tenant responsibilities. Getting this right isn't just paperwork; it’s...
Your Essential Short Term Rental Contract Template for UK Lets
A solid short term rental contract template is the most important tool for any UK landlord, homeowner, or HMO manager. It’s not just a bit of admin; it’s a legally binding document that sets clear expectations, protects your property, and stops disputes before they even start. This guide gives you...