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Houses in Multiple Occupation (HMO)

Definition

Properties occupied by three or more people from more than one household who share facilities such as kitchens, bathrooms, or toilets. Subject to specific licensing, safety, and management requirements that don't apply to single-let properties.

HMO MortgageInterest Coverage Ratio (ICR)HMO ValuationDebt Service Coverage Ratio (DSCR)Stress TestingPRA RulesNet Rental YieldVoid Periods

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