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.
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Harry Landy is managing director of Enterprise Finance
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