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Guaranteed rent · HMOs

HMO guaranteed rent for landlords

HMO guaranteed rent means leasing your house in multiple occupation to a vetted guaranteed rent provider, such as a housing association or council, for 3 years or more. The provider pays one agreed monthly rent, including when rooms are empty unless the contract says otherwise. Instead of managing individual room lets, you deal with one organisation.

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How does HMO guaranteed rent work?

A vetted guaranteed rent provider leases the property for 3 years or more and pays one agreed rent each month, as your signed agreement sets out.

Running an HMO room by room means constant turnover, bills and paperwork. A lease to a provider replaces that with one rent payment and one leaseholder.

In England, an HMO let to 5 or more people forming 2 or more households needs a mandatory HMO licence from the council, and councils can run additional licensing for smaller HMOs. Wales and Scotland have their own HMO rules. Check what applies to your address before you list.

Do I need an HMO licence?

In England, an HMO let to 5 or more people forming 2 or more households needs a mandatory HMO licence from the council, and councils can run additional licensing for smaller HMOs. Wales and Scotland have their own HMO rules, so check with your council before you list.

What do providers look for in an HMO?

Each provider sets its own requirements, but a safe, well-kept home with current certificates is the starting point.

  • → Any HMO licence the property needs, in place or applied for
  • → Fire safety measures suited to shared living
  • → Well-kept shared kitchen and bathroom space
  • → Current EPC, Gas Safety certificate and EICR

Where we look

Where do you take hmos on guaranteed rent?

Across our coverage regions. These city pages explain what to expect locally.

HMOs guaranteed rent FAQs

In England, an HMO let to 5 or more people forming 2 or more households needs a mandatory licence, and councils can require additional licensing for smaller HMOs. Wales has its own rules. Check with your council.

For the whole property, as one agreed monthly rent set out in your signed agreement.

The provider handles occupiers and routine maintenance as set out in the agreement. Social Ready does not place or support occupiers.

Leases run for 3 years or more.

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