In this episode of Property Forum’s Chat Show, Jim Haliburton (highly experienced HMO landlord with his own TV series which cemented his reputation as “The HMO Daddy”) and Nicholas Wallwork (HMO developer and CEO of Property Forum) come together to discuss how HMO investors can move forwards successfully within the new safety considerations outlined by Covid-19.
With new, stringent (and seemingly long-lasting) safety measures affecting all businesses due to Covid-19, managing an HMO with multiple tenants faces its own set of unique challenges. But even when social distancing is set to become an everyday part of our lives, the demand for shared accommodation that HMOs offer is as high as it has ever been.
Nicholas and Jim also discuss how demand for HMOs might change following this pandemic, and what new opportunities there will be to start, or grow, an HMO portfolio.
This episode will cover:
• How HMO landlords are reacting to Covid-19 and what they are reporting as the main issues they are facing.
• How HMOs might adapt moving forwards, to be able to adhere to Covid-19 safety regulations (and how to help tenants stay safe).
• How the HMO investment strategy might be affected in the next 6-12 months.
• Will there be new opportunities to step into the HMO market (or expand your current HMO portfolio) off the back of this pandemic?
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