Question: How Much Does An HMO Licence Cost Edinburgh?

How much is an HMO Licence in Glasgow?

Glasgow charges £1887 for a three-year licence for properties housing between three and 10 people.

In Edinburgh, a five-person HMO licence will cost £1405 over three years.

Fees in Dundee are even lower at £980 for up to five persons and in Aberdeen it costs only £237 and in Stirling £175 – all for three years..

Do HMOs need fire doors?

As it currently stands, fire doors are only legally required in Houses in Multiple Occupation (HMOs). All doors leading to an escape route must be fire resistant and close automatically and it’s advised that fire doors are also fitted to high-risk rooms, such as the kitchen.

Do I need an HMO Licence Scotland?

It is a criminal offence to operate an HMO without a licence. The maximum fine is £50,000. Local authorities have a range of other enforcement options, including power to vary the terms of a licence or revoke it.

Do you need HMO Licence for Airbnb?

In the UK, Greater London has a restriction which prevents hosts from renting out their property for longer than 90 nights. … You require a licence for a HMO when all of the following apply: There are five or more occupants living in the property. Two or more separate households live in the property.

What is required for an HMO Licence?

You must have a licence if you’re renting out a large HMO in England or Wales. … it is rented to 5 or more people who form more than 1 household. some or all tenants share toilet, bathroom or kitchen facilities. at least 1 tenant pays rent (or their employer pays it for them)

How do I get a HMO Licence in Scotland?

Contact your council to request an HMO Licence. You will have to pay a fee which is set by the council. Once submitted, you must display a copy for of your application in a prominent place outside the HMO for 21 days.

What is the cost of a HMO Licence?

Each licence currently costs £140 and lasts for one year. You will be asked to make this payment after your application has been processed and it will be required before the licence is issued.

How do I rent in Scotland?

Overviewregister with the local council – where your let property is located.understand your responsibilities.arrange the right paperwork.know the law on tenancy deposits (the deposit must be lodged with a third party scheme within 30 working days of the tenancy starting)

How do I turn my home into a HMO?

If your property is let to five or more tenants from more than one household, some or all of the tenants share toilet, bathroom or kitchen facilities and at least one tenant pays rent, then your property will be considered as a large HMO and will need a licence.

Do I need a HMO Licence for 4 rooms?

If you have three or four occupants where one (or more) is not related, then your property is legally an HMO. With three or four people, your property does not need a Mandatory HMO Licence. However, IT MAY STILL NEED A LICENCE. Many Councils have introduced what is called an “Additional HMO Licensing” scheme.

How do I set up an HMO?

7 Top Tips When Creating a HMOSize matters. … Location, Location, Location. … Don’t mix HMO tenant types. … HMO Gross yield should be 12% or above (yearly gross rent divided by the purchase price and refurb) … Get a cleaner in every fortnight. … Go for higher end HMO rooms. … Pick bigger old victorian type properties.

How much is a HMO Licence Edinburgh?

HMO license application renewal fees Please note that initially you will be granted a 1 year license. On renewal, you will be entitled to apply for a 3 year license at the same cost, ie 3 tenants £594, 4 tenants £792, 5 tenants £990, 6 tenants £1243.