An HMO is a landlord who lets ‘a house in multiple occupation’. This is namely a residential property with shared cooking and bathroom facilities which is rented out to a minimum of three unrelated tenants.
Home Genie owns a portfolio of HMO homes as buy-to let investments and this is an area we are looking to expand.
We buy HMO homes (either with or without tenants) in the same way as any other home – for cash.
Our advisers are knowledgable, considerate and tactful and they understand that there can be sensitivities if the property is already tenanted.