HMO

Letbid have extensive experience in managing HMO properties. In most cases, such properties require an increased level of involvement. A high level of service and efficient management is essential to successfully let a HMO and with our experience, you can rest assured that with LetBid this will always be the case.

LetBid HMO management includes all the regular management essentials but with extra benefits, such as:

  • Checks with local authorities to ensure HMO compliance and correct licensing.

  • Advice on any works required to ensure compliance with an amenity, space and fire regulations as laid down by the Housing Act 2004.

  • Minimise room void periods.

  • Monthly inspections to ensure your tenants are treating the property with respect.

  • Advice on licensing, Article 4 and planning permissions.

Typical Management agents charge between 12% - 14%. However, as a welcoming offer, at LetBid we offer a Full management service for 8% of the rental income and NO UPFRONT FEES OR COSTS!

We understand that every HMO will be unique in both its requirements and management, so give us a call today to see what we can do for you.

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