Yorkshire the worst offender for hazardous HMOs
Original Article Summary
Yorkshire & Humber has the highest proportion of HMOs with Category 1 hazards, accounting for 3.2% of the region’s stock. This compares to 1.8% across England as a whole, analysis of government data from software company Inventory Base found. Category 1 hazards mean fire risks, severe structural damage, excess cold, and electrical faults, all of […] The post Yorkshire the worst offender for hazardous HMOs appeared first on PropertyWire.
PropMatch Curated Analysis
Yorkshire & Humber has the highest proportion of HMOs with life-threatening Category 1 hazards (3.2% vs 1.8% national average), while the new Renters' Rights Act gives councils enhanced enforcement powers to crack down on non-compliant properties.
Investor Relevance
Critical for HMO investors as it identifies high-risk regions for enforcement action, quantifies compliance risks, and signals increased regulatory scrutiny. Investors need to prioritize safety upgrades and due diligence, particularly in Yorkshire, London, and South East markets.
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