Key Considerations for Landlords When Choosing a HMO Property Management Partner

Mar 15, 2024 | Blog | 0 comments

As a landlord, finding the right HMO property management partner is crucial to ensuring an ongoing source of income from your investment. All too often, HMO landlords can fall into the trap of choosing a property management company in England that fails to live up to expectations.

While there are many companies that claim to offer the very best HMO management services in England, they aren’t all created equally. Therefore, there are some key considerations to keep in mind when it comes to how to choose an HMO manager. Read on to find out more.

How Experienced is the HMO Property Management Company?

A top consideration when choosing a property management partner for HMO landlords is the amount of experience the company has in dealing with this specific type of property. While some property management companies in England, have plenty of single-family dwellings on their books, they may never have dealt with a HMO before.

Effective HMO property management requires significant experience in this area. Houses of multiple occupation present some unique challenges, not only because of the relevant HMO safety standards and management regulations that apply, but also because issues such as tenant management in HMOs are so much more complex.

With that in mind, your first question should always be about their level of expertise in the field.

Do They Understand Legislation and Compliance Requirements Surrounding HMO Regulations and Management?

Managing any residential property comes with legal complexities, but when it comes to HMO compliance for landlords, it can be even more complicated. If your property management company makes a mistake, it will be you that suffers the consequences as the landlord. Therefore, you need to be sure that your chosen agent understands the latest HMO legislation in depth and is aware of how to stay legally compliant. Asking a few pertinent questions to check their understanding of elements such as HMO licensing for landlords in your local area will help you to determine whether you’re making a wise decision.

Which Services Will They Offer?

Not all property management companies for HMOs in England will offer you the same services, therefore you need to check what’s included before you make your final decision. The benefits of professional HMO management are many and varied, but only if everything is covered that you expect to be handled on your behalf.

Of course, the costs of managing an HMO can be high, and maximizing rental yields in HMO properties is paramount, but it’s extremely important to outline precisely what you’re getting for your money before you sign on the dotted line. Ideally, your HMO property management company will offer you everything you require, from tenant sourcing and retention, to rent collection and ongoing maintenance, so make sure that you’ve checked beforehand to ensure this is the case.

Working With a Trusted HMO Property Management Partner

One of the top landlord tips for HMO owners is to find a trusted HMO property management partner that they can work with in the long-term. At The HMO Network, we’re proud to be a top choice among HMO landlords in England. With years of experience in the field, you can count on us for all your management requirements at a price you can afford.

Get in touch with us today on or at 01245 835859.