Residential  

Landlords need to be aware of property market rule changes

  • To come up to speed with the changes to licensing rules relating to houses in multiple occupation
  • To understand which properties now fall under this category
  • To appreciate what landlords need to do in the next few months
CPD
Approx.30min

The new legislation is not to be feared, but all advisers should engage sooner rather than later with their clients to see whether or not a licence application needs to be made.

As for the HMO space and wider buy-to-let sector, we have every confidence that as long as the supply-demand gap remains as wide as it is today, for which there is no evidence to the contrary, it will remain a profitable and important product.

Article continues after advert

Harry Landy is managing director of Enterprise Finance

CPD
Approx.30min

Please answer the six multiple choice questions below in order to bank your CPD. Multiple attempts are available until all questions are correctly answered.

  1. According to Harry Landy, why have houses in multiple occupation (HMO) become more popular in recent years?

  2. According to Harry Landy how many people need to be tenants in a property for it to need a licence?

  3. According to Harry Landy, how many storeys must the property have to be licensed?

  4. What will happen if local authorities delay in awarding certificates?

  5. Tenant churn is much higher with HMOs. True or false?

  6. When is the deadline for submitting all applications for a licence?

Nearly There…

You have successfully answered all the questions correctly, well done!

You should now know…

  • To come up to speed with the changes to licensing rules relating to houses in multiple occupation
  • To understand which properties now fall under this category
  • To appreciate what landlords need to do in the next few months

I completed this CPD in

To bank your CPD please complete the form below.

Were the stated learning objectives met?

Why weren't they met?

What did you learn from undertaking this CPD exercise?

Why did you undertake this piece of learning?

Any comments about this article or FTAdviser's CPD in general?

Banked!

Congratulations, you have successfully completed and banked this piece of CPD

Already Banked!

You have already banked for this article.

To bank your CPD you must or

Register

One or more questions have been incorrectly answered,
 please review your answers and try again.

Please complete all the above text fields to bank your CPD.

More Investments CPDSee my completed CPDSee all CPD