HMO accommodation is extremely important for people who are looking for affordable housing in a city, particularly for those who are on a budget. It is also important for those who may not have the means to get a traditional rental.
HMOs provide a safe and secure living environment, often in the form of shared accommodation with multiple tenants. This means that the cost of renting is far lower than for a single tenant, making it a great option for those who cannot afford a traditional rental.
Additionally, HMOs can offer more flexibility than other forms of accommodation, allowing tenants to come and go as they please. Finally, HMOs provide a great opportunity to meet new people and build relationships with others in the same living space.
Eden Solutions Network currently provides two HMOs located in Bristol and in Birmingham and both of these are run locally.
We have developed these two properties to house people in low-income or homeless.
There are 12 tenancies in total and they are priced to be below the market rate to be able to help people get into housing. They are let out on assured short-hold tenancies.