from the comfort of your own home.
HMO AND LICENSING (ELEARNING)
A house in multiple occupation (HMO) is a property with multiple tenants who do not form one single family or household. Investments in houses under multiple occupancy can be very profitable with high returns on investment. However the management of HMO is far more demanding with more rigorous regulations for the landlord and anyone managing the property such as a letting or managing agent.
This e course is designed to provide a basic overview of:
- Definition of a small HMO
- Definition of a large HMO and mandatory licensing
- HMO manager regulations
- Additional and Selective licensing
- Applying for a licence
- Includes an interactive flowchart for establishing if a property requires a licence.
For the more established HMO landlord looking for knowledge on property standards and property inspections by the local authority, this is covered in the Principles of HMO course.
- Understanding the difference between small and large HMOs
- Being able to identify the type of licence required for type of property
- The pros and cons of investing in HMOs
- HMO manager regulation responsibilities and how to avoid penalties
This course is suitable for:
- New landlords who have purchased or are considering purchasing an HMO.
- New letting agent employees who will be managing client HMO properties.
- Existing agents considering taking on HMO properties on behalf of clients.
- Landlords taking over the management of an HMO from their agent.
Continuous Professional Development
Remember that Continuous Professional Development points (CPD) apply to RLA courses. You can also get CPD points for being a member of the Residential Landlords Association.
Residential Landlords Association Accreditation Scheme
This course is worth 1 basic CPD point with the Residential Landlords Association Accreditation Scheme
RLAAS is a national scheme who aim to encourage, acknowledge and actively promote good standards and management practice by owners and to assist owners and tenants to undertake their respective responsibilities to each other.
RLAAS is open to all landlords who operate in the private sector, and accreditation is FREE. Members of RLAAS also receive a discount when enroling for a course operated by the Residential Landlord's Association.
To find out more, and what RLAAS means to landlords and tenants across the country, visit the RLAAS website.