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I have an HMO with 6 rooms that I am refurbishing and I am looking for some opinions as to what you would consider to be the best and fairest way forward when it comes to provisioning heat and hot water please.
Tenants are working and have separate tenancy agreements. Each room has their own electric meter for the sockets and electric heating, I cover the cost of all the lighting, kitchen sockets and gas cooker - by adding extra onto the room meters. There is an electric shower on a meter as is the hot water tank.
With respect to the meters, they are Ampy electric card meters. I have noticed that the cards can be bought off ebay at less than face value. Would it be better to upgrade the electric meters, if so, any suggestions?
With respect to the heating, the house is double glazed and well insulated so I think that the oil filled electric panel heaters may remain. I'm not sure how best to heat the common areas, Kitchen, bathrooms, corridors? Does anyone have any experience with the low power Infra red panel heaters? https://www.suryaheating.co.uk/glass-ir-...anels.html the property is single phase electric supply.
On the hot water, I am unsure whether to get a new well insulated electric unvented mains pressure tank, coupled to a meter with boost timers or get a tankless gas multipoint instantaneous water heater such as a Rinnai https://gasproducts.co.uk/water-heaters/domestic.html but then the issue is how do I cover the cost of the gas for hot water? I have read that using gas to heat water is up to a third cheaper than using electricity plus there are no storage issues or running out of hot water problems with the added issue of waiting for an hour for a tank to heat up. Are gas meters available which don't use cards? There will be one electric shower and two further showers running off the tank or the Rinnai unit whichever solution works out best for hot water. Another advantage of the tankless gas system is that there should be a much reduced risk of legionella, as the hot water tank is never kept up to temperature.
I think the problem with the unvented tank would be that some one using a card to heat the tank may only use say half of it and get narked when someone else uses the other half effectively for free. Plus it will take ages to heat up once depleted.
I would be interested how others tackle such issues, Energy costs for HMO's are a major consideration.
With the average dual fuel bill now around £1500 pa - £1000 pa for a 6 bed HMO sounds optimistic given that a family has an incentive to save on fuel use and vice versa in the HMO where the bills are included with rent.
I think you are over complicating things. We have a 6 bed and a 5 bed HMO and we pay all the bills, including gas and electric and just factor it intot the rent. The house is well insulated and the bills are actualy reasonable.
As for electric heaters, you have to beware that you don't downgrade your EPC rating, as these heaters may not give you a good enough rating to be able to legaly rent the property.
We have a video on that topic:
Vanessa Warwick Landlord and Co-Founder of PropertyTribes.com **If you have got value from Property Tribes, find out how you can support it in remaining a free to use community resource**
Hi - My reading of the regulation is that you may get multiple Council tax bills if you have meters for each tenant's room, as each would be classified as individually rateable? Is this what you expect?
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