Who are HMO design:
HMO is defined as a residential property ‘a house in multiple occupations (HMO), or a house of multiple occupancies, shared by more than one household. Their offer is set for all property buyers, which include well-furnished houses for single or multiple households. HMO also built unique and tailor designs according to the requirements of clients. Creating the best customer experience by upgrading the existing property is also their course of work. If you want a high yield by investing at low rates, HMO designs are the right choice.
If you are looking to invest in long-term assets that guarantee steady financial gains, you must say you are on the right path. Injecting capital in buy-to-let or multi-let property from HMO designs provides you the option to enhance your lifestyle and allow you to enjoy an additional rental income around per month. The property available at HMO is designed in such a way that it can be quickly occupied by the tenants as well. Investors of these properties have an option to earn around £200 of revenue from tenants. After deducting all overheads, including mortgage bills and maintenance charges, you may still get a net profit of £150 in your pocket.
Purchase at affordable demand:
You can purchase these ready-to-buy properties at reasonable offers without any extra service charges involved in the agreement.
There are no intermediaries like property dealers or real estate agents involved during the transaction. The deal will be closed directly between the authorized vendors and the property buyers. It can lead to saving your commission charges hence the overall expenditure to buy the house will be lower than the offers available at other parties.
Extra multi-let service perks:
Investing in extra multi-let service is an excellent reduction to your premium costs as it already includes the conversion work, absolutely designed and well-furnished rooms with blinds to cover your windows elegantly; we provide additional fittings inside the kitchen unit like a refrigerator, deep freezer, and washing machine. We offer an authorized building that the tenants can easily occupy. It ensures you that you are not occurring in a house for a living and an entity associated with regular returns.
Customers satisfaction comes first:
HMO designs create the best customer experience by providing the highest levels of service to property buyers. Before binding a contract with the purchaser, we will offer a work schedule according to our quality standards. For this purpose, we hire a builder to renovate the property utterly.
To develop the best customer experience, we replenish the house before selling it, which covers the renewal costs of-
- Certified central heating
- Electrical wiring
- Damp course
- Double glazed windows and doors.
The house will be decorated with new floor coverings and blinds. The bathroom and kitchen will be rebuilt with brand new internal fire doors to meet customers’ needs. In every room, smoke detector systems are fitted.
Providing value-adding Schemes:
HMO designs provide customized design and build schemes for their loyal clients.
- Design and Build Scheme: Under this scheme, we HMO designs act as your contractor by carrying out all the initial purchase expenditures and providing all the refitting works necessary to improve and upgrade building structures. The property buyer finances this service.
- Up and running investment scheme: This customized scheme is offered only to the existing clients who own a property built on HMO standards and criteria. HMO acts as an intermediary who markets the property by providing the selling and advertising facilities.
- Joint Venture Scheme: In this scheme, we will share the purchase price and fund the property by providing the necessary cash to acquire it to facilitate our clients. We will manage to find an appropriate residential property and do the refurbishing work to meet all possible standards. A fixed amount of renovations and decors gets decided with the client when the purchase agreement comes to completion.
HMO services ensure safe investments in 2021 by educating their clients on different schemes available for them. The students are also benefited extremely well by investing in HMO because they get relief from council taxes keeping their money safe and secure.