HMO licence applications rise 40% since 2018
Original Article Summary
Applications for Houses in Multiple Occupation licences in the UK have risen 40% since 2018, according to Freedom of Information data. The research shows applications increased from 41,162 in 2018 to 57,725 in 2024, indicating a shift in landlord investment strategies towards shared accommodation. The post HMO licence applications rise 40% since 2018 appeared first on PropertyWire.
PropMatch Curated Analysis
HMO licence applications have surged 40% since 2018 to 57,725 annually, with massive regional variations and growth rates up to 964% in some areas, indicating a major shift in landlord investment strategies towards shared accommodation despite increased regulatory scrutiny.
Investor Relevance
Critical data for investors considering HMO strategies, showing strong market demand trends, regional opportunities, regulatory risks through refusal rates, and competitive landscape intelligence for strategic decision-making and portfolio diversification.
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