The Process Explained.

Homes of Multiple Occupancy (HMO) refers to properties rented out to multiple tenants, typically individuals or groups, who share communal areas such as kitchens and bathrooms. Each tenant usually has their own private bedroom, and the property is designed to accommodate separate households under one roof. HMOs are popular among students, young professionals, and those seeking affordable housing options. For investors, HMOs offer higher rental yields compared to standard single-let properties, as rent is collected per room rather than for the entire property.