Joseph Lane, founder and director of Mortgage Lane, explains that while HMOs offer higher yields and growing demand compared to traditional buy-to-let properties, lenders now require...

The HMO had been operating without a licence since August 2023.

England has 264,884 long-term vacant homes, a 1.3% increase from 2023.

Licensed HMOs in England sell for 13.1% more than the national average price of £295,654.

Across England, only 48.9% of house share listings have garden access.

Free valuations are now available on single HMOs with up to six beds.

The two HMO properties, refinanced under residential terms, contain a total of 37 units.

Bradford currently tops the table, with six-bed HMOs in the city yielding 15.2% on average.

HMOs up to 20 bedrooms now eligible, up from the previous 12-bedroom limit

Southampton accounts for 20.2% of over-40 shared living residents.