Mandatory licensing of HMOs and new minimum room sizes come into effect on 1st October 2018. Landlords looking to remortgage or purchase HMOs need to know how the changes will impact their financing ambitions.
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The number of property transactions continued to fall last month, according to the latest figures from HMRC.
A significant number of homes suitable for first time buyers could flood the market over the months ahead as new figures show approximately 380,000 landlords (19%) intend to let go of property in the coming year.