Beverly and Rouche Louwe of Larimar Property Management have been landlords in the Barrow and Furness area for many years, looking after their growing portfolio of properties and managing the properties of other landlords too.
Over the years they’ve built up a reputation for being specialists in setting up and managing HMO’s (Houses in Multiple Occupation)
This involves taking a property that has 3 bedrooms or more and renting each room out separately, with the bathroom, kitchen and lounge areas becoming shared communal areas for the tenants.
It’s a venture that’s proved to be very successful, and with the steady influx of people coming into the area to work for the likes of Dong Energy, GSK, BAE, Furness General Hospital and Siemens (to name but a few) there are no shortage of potential tenants looking for good quality, affordable accommodation.
Setting up a HMO isn’t as straight forward as you may think though, there’s a process.
Firstly, you need a licence. Checks have to be done on the property. Gas safety checks need to be carried out, smoke alarms, carbon monoxide alarms, safety tests on electrical appliances have to be provided – and maintained.
There’s a strong chance that a property may need to be renovated and improvements made before it can be registered as a HMO.
And you’ll also need a separate licence for every HMO you have.
This is where Larimar can help.
They can take away the headache of having to go through the whole process for you. They can do all the necessary checks, get any work done through their list of contacts and have it all set up and ready to be occupied. They’ll find the tenants, provide the contracts, and most importantly they will make sure the rent is collected – in full, on time!
So if you have a property that you’d like to turn into a HMO, or if you’re moving into the area and need accommodation, give the team at Larimar Property Management a call, or visit them on http://www.larimarpm.co.uk/