To accept a huge loss on my house

So all those people setting fire to wheelie bins outside the asylum hotels are going to have them living next door to them now. The law of unintended consequences.

That was what I was wondering. I've a few HMOs. The tenants are all lovely.

This Labour government is also paying HMO LL to house asylum seekers. They often stand around in large groups outside houses smoking, vaping and intimidating others.

Some councils have a policy they won't allow 2 HMO next door to each other so you'd need to check with your council if they have that policy before trying to sell to person who owns HMO.

Many are working professionals though.

House prices are high. How do young professionals afford to buy or rent in some areas? Shared housing fills a need.

In my area the HMO was a staff house for a country hotel. All working, accommodation offered with the job, less cost than the hotel having to provide expensive rooms on-site.

I would speak to your local councillor or MP and ask them why!

People should get a collective action going and Sue the govt for compensation in destroying house values to recover their losses. It’s disgusting!

I very much doubt they are working adults. The very nature of supported accommodation- of which the ‘support’ qualifies them to charge a much higher rate than standard shared accommodation, means that the tenants will be in need of support, ie with drug/alcohol issues, fresh out of prison,at risk of homelessness.
The occupants are not fully functioning professionals.

It doesn’t sound like there’s much you can do - either sell it at a lower price or keep it on in the hope someone might not mind.
alternatively, do the work, turn it to an hmo and sell to a landlord.

Rough'ns not doughnuts.

There is HMO a few doors up from us and one across the road. The parking has got a lot worse has they have turned a 3 bed house into 6 flats. God knows how this was done. Most if the houses around here that are sold have been turned into flats. We don't have any trouble from them but there has been a few doughnuts in the one along from us and the police have been in there a few times.
I would try and sell to the landlord as I wouldn't want to live right next door to a HMO.

There is a HMO next door to the block where I live it was a 5 bed house, now a 9 bed HMO, all professional tenants, only issue is car parking as they all have cars. The owner of the hmo has split the plot and built a 3 bed house with 1 car park space. Lots of objections which the council took no notice of.

we have complained that some of the planners stipulations have not been completed, Bin store not built so rubbish bins blowing over in the wind etc.

There are 2 other hmo's in the street, one has huge car parking issues the other has addicts and migrants residents.

So sorry for you. These HMOs are a fucking blight on decent neighbourhoods and the greed of these landlords makes me feel sick.
I blame Homes Under The Hammer.

Great, okay. You also need to check the date the Article 4 came into power as it has to be before it was converted into a 6 bed HMO.

This is goign to happen a lot more if asylum seekers are dispersed into HMOs. Houses of all male occupants, way over occupied - not in a legal sense obviously because the landlord will comply with the letter of the law. But there are 6 adult males in a 3 bed semi. This ought to be unacceptable. It will happen to lots more people - finding themselves attached to an HMO which massively impacts their property value.

Accepting the loss seems absolutely shocking. It’s a gigantic loss. I don’t know what I would do. How can you afford the loss firstly, and secondly how can you know that if you move, that this wouldn’t happen again?

few things, how did you know it’s worth the expected selling price, did you add the work you spent on it? Sometimes it doesn’t work like that as the area may have a price level,

also don’t discount the fact this savings landlords isn’t on cahoots with the owner of the estate agent. They may not be handing over inquiries to you.. perhaps try another local estate agent

OP, you need to google if the council has an article 4 direction in place.

It’s actually the opposite in many cities such as Sheffield. They try not to saturate specific areas with hmos so you can only get a licence if a certain percentage of houses within a certain radius aren’t already HMOs.

When I look at a nice road in an affluent, attractive area, what I don’t think is "oh, this would be perfect with a couple of HMOs". No-one does.

People can pretend and virtue signal about it, the reality is the OP losing 100k off the value of her house.

What's your point?

Do you want everyone to live in ghettos?

In my experience some London boroughs they don't have an 'article 4' in place which I understand means there is no mechanism to turn down planning permission for HMOs. This makes them an open door to developers. The houses next door and opposite my DM are currently being turned from 3 bed terraced houses into 6 unit homes.

The house next door was previously a privately let HMO with a caring landlord and lovely tenants who used to visit my parents and have a chat and tea with them. DPs used to take in parcels etc.

This development is by a company that has around 50 other similar properties. They didn't fulfil their legal duty of issuing a party wall notification before work started, but there is no real redress if you don't (unless you have money and can do it quickly). They will contract to the council any day now. We've been to the planning dept, building control, planning meetings and our MP but it's no good.

My DM is in her late 80s and recently widowed and worried. There is an HMO in the next road, a resident recently damaged cars on DMs road, throwing stones and rocks at them. There was a murder in an HMO in a neighbouring road a couple of years ago ( not to mention anti-social drug dealing, excessive noise and fly tipping etc). I can only hope that DM gets good neighbours. We've fitted an alarm and a ring doorbell to help her feel safe.

I don't know that there is anything else we can do. My DM has lived there since early 1970s, it has memories of my DF and she shouldn't feel forced out.

Yeah, they may then do similar or student rental accommodation?