Houses of multiple occupancy could be banned
Original Article Summary
Bath and North East Somerset Council says there is a lack of affordable family homes in the city.
PropMatch Curated Analysis
Bath and North East Somerset Council proposes banning conversion of three-bedroom homes to HMOs to protect family housing stock, with public consultation running October-November 2024. This follows failed 2022 restrictions that only displaced the problem to other areas.
Investor Relevance
Direct impact on HMO investment strategies in Bath, potentially affecting asset values, conversion opportunities, and exit strategies. Could signal broader trend of councils restricting HMO conversions in high-demand areas, requiring investors to reassess portfolio geographic diversification and acquisition criteria.
Original Source:
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