HMO Fundamentals
What we will cover:
- Overview of licensing and HMO definitions
- Pre-tenancy including EPCs, tax, insurance and accreditation in line with HMO
- Responsibilities and liabilities of a landlord or letting agent including gas safety and other tenancy start-up provisions
- Setting up an HMO tenancy including types of tenancy, agreements, deposit and rent setting
- Property standards including HHSRS, fire safety, repairs, dampness and risk assessments
- Managing the tenancy including periodic visits, tenant obligations, entry/refusal and anti-social behaviour in HMO
- Ending a tenancy including continuing tenancy, tenant wants to leave, landlord wants tenant to leave, possession and eviction in line with HMO
Objectives
- Demonstrate an understanding of the various legislation associated with HMO properties
- Have an awareness of the compliance requirements for managing a HMO
- Outline the additional processes HMO landlords are required to follow at each stage of a tenancy
- Understand the health and safety demands of a HMO and how to ensure the property has adequate standards
Background
A house in multiple occupation (HMO) is a property with multiple tenants who do not form one single family or household. Investments in HMO can be very profitable with high returns on investment, but the management of HMO is far stricter for the landlord and anyone managing the property. The introduction of civil penalties and Rent Repayment Orders significantly increased financial penalties that local authorities can apply to landlords and managers who do not meet their obligations. It is vitally important that both landlords and managers are aware of the legal responsibilities they have.
This course, designed to suit landlords, managers and letting/managing agents, covers the principles of this detailed and antiquated subject, giving you a broad level of knowledge to confidently consider investment or management of someone else's investment. The course will also give an overview of setting up tenancies for HMO and explores the entire process involved from completing relevant checks to gaining possession for HMO properties.
As a requirement for NRLA accreditation, the course will also include an optional assessment which underpins the learning. The assessment comprises of 24 multiple choice questions delivered via our eLearning platform. The time limit is 30 minutes and the pass mark is 75%. eClassroom delegates will be emailed log in details for the assessment on the day of the course and will have 30 days to complete it. eLearning delegates have until the course licence runs out to complete the assessment. Upon successfully passing the assessment you will qualify for 5 core CPD points which will be automatically recorded in your accreditation record. The successful completion of the assessment may be required for various licensing schemes. Please consult your local authority for clarification.
NRLA Accreditation recognises landlords who have agreed to maintain professional standards in the management and maintenance of their rented property and deal fairly and professionally with their tenants. Accredited members demonstrate their knowledge and understanding of their responsibilities and obligations and strive to maintain, increase and improve their knowledge of the market through training and development. CPD points are awarded for all activities which improve those attributes and are a requisite of membership of the NRLA Accreditation Scheme.
For more details visit the accreditation section on the website.
Suitable for
- New landlords who have purchased or are considering purchasing HMO
- Existing HMO landlords who have not received any HMO management training
- New letting agent employees who will be managing client HMO properties
- Existing agents considering taking on HMO properties on behalf of clients