WHO CHOOSES TO LIVE IN AN HMO

As the popularity of HMOs continues to grow, a question that we get asked regularly is: “…who chooses to live in these types of properties?”

HMOs, or houses in multiple occupation, are properties where a group of people share communal living spaces like toilets, bathrooms or kitchens, while having their own private bedrooms. The legal definition of an HMO is “3 or more people, from 2 or more households, sharing facilities like a bathroom or a kitchen.” So, let’s explore who typically chooses to live in an HMO.

Students

One of the most common groups of people who choose to live in HMOs are students. Students often prefer HMOs because they offer a more affordable housing option than renting a house or a flat. HMOs also provide a social environment that is often appealing to young people who may be new to a city or university.

Living in an HMO can give students the opportunity to make new friends and have a support network while studying away from home.

Young Professionals

Another group of people who may choose to live in HMOs are young professionals. Young professionals who are just starting out in their careers may not have the financial means to rent their own apartment or house. HMOs offer a more affordable option, as well as a social environment that may be attractive to those who are new to a city or industry. Young professionals may also appreciate the convenience of living in an HMO, as many properties offer furnished rooms and shared amenities such as a fully stocked kitchen, white goods and laundry facilities.

Those On Lower Incomes

HMOs can also be an attractive option for individuals on a lower income. These individuals may not be able to afford other rental options such as a house or a flat and may not have the credit or rental history required to secure a lease or a mortgage. HMOs offer a more affordable option, as well as a way to establish rental history and build credit. For some individuals on lower incomes, an HMO may be their only viable housing option.

PEOPLE FROM OVERSEAS, LOOKING TO SET UP HOME IN THE UK.

People from overseas, who are looking to make the UK their home, particularly those who are new to the country or city, may also choose to live in HMOs. These individuals may not have established a support network in their new location and may not have the financial means to rent their own apartment or house. HMOs can offer a social environment and a way to establish a support network whilst also providing a more affordable housing option.

People Seeking Out Social Interaction

Finally, there are people who choose to live in HMOs simply because they enjoy the social environment. These individuals may be extroverted and enjoy the company of others, or they may be new to a city and looking to establish a support network. HMOs offer a unique living situation where residents share communal living spaces, which can foster a sense of community and belonging. HMO living can also represent the opportunity to make new friends and connections.

In conclusion, there is no one type of person who would choose to live in an HMO. Students, young professionals, individuals on lower incomes, people from outside the UK making it their home, and those seeking social interaction are just a few examples of the types of people who may choose to live in an HMO. The appeal of HMOs lies in their affordability, social environment, and convenience. With the growing popularity of HMOs, it is likely that we will continue to see a diverse group of people choosing this type of housing for many years into the future.