What is Better- Social Housing HMOs or Social Housing Buy to Lets

What is Better- Social Housing HMOs or Social Housing Buy to Lets

We have had this question quite often recently. What we tell people is we put our money where our thoughts are. We are putting much more of our liquidity into social housing HMOS. There is tremendous demand and a tremendous shortage. To us this means prices will shift upwards. We are seeing this espcially in the NE of England. There is tremendous need and the Home office has recently decided to invest a great deal of money in many facets in the NE.

When we started in Manchester in 2014 we took for granted the low prices. So many people whom we offered to buy some of our properties told us prices will never go up and they only wanted to purchase in London. Boy, they were wrong. Salford has almost doubled and London has stagnated.

Our bet is the NE of England. Areas like Stockton on Tees in which we are an accredited landlord prices are really shifting. Even in Hartlepool and Middlesborough.

What is Better- Social Housing HMOs or Social Housing Buy to Lets

What is Best- Is to get started on social housing that have no voids, no managment and maintenance covered up to 5,000 per year.