X

Sign Up

or

By signing up I agree to Property Tribes Terms and Conditions


Already a PT member? Log In

Sign Up

Sign Up With Facebook, Twitter, or Google

or


By signing up, I agree to Property Tribes Terms and Conditions


Already a PT member? Log In

Log In

or


Don't have an account? Sign Up

Forgot Password

To reset your password just enter the email address you registered with and we'll send you a link to access a new password.


Already a PT member? Log In

Don't have an account? Sign Up

  • HMO & Multi-Lets

    HMO, Individual Council Tax Banding

    Hi Gary,

    yes happy to speak, I'll give you a call Tuesday if that's ok?

    Olivia

    0
    0

    Those course promoters should stop now to boast "earning £000 from rent to rent or hmos". It's not true and involves lots of work and expenses. The reason for the formation of hmo is not making money but as the only way people can afford. Any squeeze on hmos will end up so many tenants losing roof over their head.

    0
    0

    RGR

     I am a fan of Furgus Wilson. His coomon sense approach as a landlord is no match. Shame he is retiring. He should be the spokesman of all LLS.

    0
    0

    RGR

    I had this happen to half a dozen properties recently - clearly Councils have cottoned on to (or mistakenly believe, take your pick) that they will make more money this way. They may regret this once the bad debts have racked up a little. In my case the increase resulted in "only" a 50% increase in the headline figure, but as I have passed over the payment to the tenants the effect has been to reduce my costs by 7% & increase tenants costs by 10%.

    0
    0

    Did your properties have on suites? Im worried because my rooms dont have ensuites and some the rent is as litttle as £220 per month. So if each room has to pay £100 council tax that cuts my rent in half lol. How on earth is that right?

    0
    0

    Ignatius,

    If each room has it's own valuation then responsibility for the tax moves from you to the tenant, so you actually save.

    ​Yes mine had ensuite so I didn't have anything to complain about.

    0
    0

    Did yours have en-suites? What was the reason for the seperate banding?

    0
    0

    Having recently left the employ of a local authority who is enforcing this increase in Council Tax, I found it harder and harder to explain this to landlords. Originally it was believed that rooms in HMOs were being banded as self contained flats and the Housing Act definition of an HMO was being ignored. However, the Government guidance on this explains that the re-banding is based on the degree of adaptation within the property and not the simple fact that some of the rooms may have additional facilities. I tried to post a link to the guidance but was unable to. If you google 'council tax banding in HMOs' there is a .gov.uk webpage with the pdf.

    By the looks of things the word is spreading and more and more Councils are taking up this opportunity to raise additional income. In my experience landlords are resilient folk and they will find a way to weather this latest storm.

    0
    0

    Kevin Crocker Bsc (Hons), MCIEH, DipDEA

    Director

    White Horse Property Consultants Ltd

    W: http://www.whitehorsepc.co.uk

    like us on Facebook: /whitehorsepc

    follow us on Twitter: @whitehorsepc

    How do they know the layout of the original property?  How would they know if it was adapted?

    0
    0

    Here are some examples of how different types of HMO are banded

    1) HMOs with little or no adaptation: Where minor adaptations like door locks are added, and the occupants of the separately let parts share the kitchen and bathroom of the original house, then the VOA can put the whole property into one band.

    2) HMOs with adaptations to each floor: Where each floor of a house let in parts has standard facilities and can be treated as a selfcontained unit, then each floor is able to be given a single band. This applies where the occupiers of the floor share a kitchen and a bathroom.

    3) HMOs with adapted letting rooms: Separately let rooms in a HMO may have been adapted, for example, so that they have their own kitchenette or separate shower/bath and WC. They will be given their own band even though may share some facilities. In making a decision, the VOA will look at the degree to which each part has been structurally altered.


    Well my HMOS:

    1) Yes they share bathrooms nobody has an ensuite so this doesnt apply.

    2) Each floor has a bathroom yes, but not a kitchen on each floor so this doesnt apply. Only would apply if each floor has a kitchen also.]

    3) Some of my rooms have their own 'shower' but not a wc, it needs to have both a shower AND a toilet. So this also doesn't apply/


    Can anyone tell me if im safe? Seems like it but not sure Smile

    0
    0