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Oxford Fine Rogue Landlords

Landlords of HMOs should play by the rules - or else

Oxford has had a clamp down on landlords who fail to negotiate the extra requirements when owning a Home of Multiple Occupation (HMO).

On the surface, buying a large property, converting it into bedsits and letting it to multiple tenants is a great idea as the cost per tenant is reduced. However there are additional requirements imposed by law, to obtain a licence to operate the HMO and ensure that adequate fire precautions are in place (as well as the other myriad of rules).

Regrettably some landlords are too greedy, fixating on gross rental income and trying to skimp the additional expenses and responsibilities that owning an HMO entails. Oxford have now fined 34 landlords a total of 55,000

B. Portwood & Co Ltd offer very competitive landlord insurance rates for bedsits owned by responsible landlords. A guide to operating an HMO is available (pdf).

Click for your quote for landlord insurance Find the cheapest bedsit (HMO) insurance quotes online

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