HMO and Co-Living Management Specialists

HMO Management

HMOs require the most intensive, hands-on property management. All the normal rental property regulations apply, plus a whole lot more. Your HMO is not just another rental property - it is a business in itself and must be operated as such.

As each tenant rents just a bedroom (usually with an en-suite bathroom) the landlord must provide and maintain all of the furniture, furnishings, appliances, and virtually everything else expected by tenants for a comfortable stay. It’s a lot like running a hotel and as such, requires expert management.

Co-Living Developments

The concept of “co-living” is gaining appeal amongst property developers and renters alike in our major cities. A step beyond HMOs, these developments promise to be the future of shared accommodation.

Typically, these larger developments offer spacious private rooms and bathrooms with shared kitchens and living facilities. It’s a style of living that allows for sufficient individual space and opportunities to socialise with your community. Like HMOs, rent usually includes all bills, making it affordable for more people.

Crown will manage your entire co-living development, including grounds maintenance.

The provision and upkeep/maintenance of the entire contents of your HMO or co-living space are the responsibility of the landlord (or their agent), including:

Regular fire and smoke alarm system testing.

Emergency Lighting testing and maintenance

PAT testing of all electrical appliances.

Provision and maintenance of high-capacity broadband service.

Repair/maintenance of all furniture, furnishings, and appliances.

Cleaning and upkeep of all communal areas (including replacing light bulbs etc).

Provision of bins and waste management system.

Paying all utility bills.

People Management

Upkeep of the property only relates to the technical stuff. Probably the most important element of co-living management is tenant selection and tenancy management. The origin of most co-living problems is poor tenant selection.

Multiple tenants sharing a property and its facilities often lead to disharmony and dissatisfaction unless effective tenant selection processes are in place. Mixing the wrong types of good tenants can also create problems.

However, when highly effective tenant selection processes are in place, co-living tenants are happier, take better care of their accommodation, stay for longer, and pay more.

Maintenance

Your HMO or co-living development will experience greater wear and tear than a single-unit rental house, even with great tenants living there. All furnishings, appliances, and facilities are owned by you but used by the tenants on a daily basis, and move-ins / move-outs occur more often.

Be prepared for higher expenses to cover maintenance and replacement costs. Your tenants will expect breakdowns and maintenance issues to be resolved quickly.

Crown Room Rentals will bring you peace of mind and effective management to your co-living development. Our specialist managers will:

carefully select tenants of similar types to create a harmonious and enjoyable living environment for all.

liaise with tenants regularly to answer questions, resolve issues, and ensure good care is taken of your property.

carry out regular cleaning duties in all communal areas, keeping the property looking at its best and identifying any potential maintenance issues at an early stage.

undertake periodic whole-of-house inspections and create a comprehensive condition report for your records.

inform you of any issues such as maintenance requirements and liaise with the appropriate trade professionals for access to the property.

Prepare each room to the highest standards for every new tenant, including cleaning and provision of high-quality bedding.

Professional renters want much more than a room. They want a co-living experience where a house-share is a home, a place to socialise, and a place to work from.

That's why we insist that all of our properties are prepared and managed to the highest standards to attract better residents and the best property owners to work with us.

For more details about any of our services call us NOW on 0151 832 6200 or 01244 667667

Lettings and Management for Professional Landlords.

(see www.crownroomrentals.co.uk – 3 elements

Professional residents

Personal touches

Results

Lettings and Management for Professional Landlords.

Professional Residents

We only rent to working professionals in Cheshire and Merseyside who prefer the lifestyle advantages and the experience of shared living.

Residents are carefully selected by informal interview, face to face meeting and then reference and credit checks

Personal Touches

We take the time to get to know each and every housemate in your HMO to create trust, customer satisfaction and a high degree of harmony - essential for a successful HMO.

Our residents take responsibility for treating your property like their home.

Results

Our owners benefit from:

Maximised returns
Low voids
Full reporting
Expert advice
Real-time updates

HMO and Co-Living Management Specialists

HMO Management

Co-Living Developments

People Management

Maintenance

Lettings and Management for Professional Landlords.

Professional Residents

Personal Touches

Results

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