Landlords are increasingly turning their properties into houses of multiple occupancy (HMOs) to combat the rising costs of letting them out, experts say.

Many landlords have been exiting the buy-to-let market over the past few months ahead of the Renters’ Rights Bill. They have also been selling up because of cost pressures, including higher mortgage rates and energy upgrade requirements.

But property experts say they are also seeing a rise in landlords converting their homes into HMOs as a way of combating these rising costs.

A HMO is where a property is rented out by multiple people who are not from one household and are not on the same tenancy agreement, but they share facilities like bathrooms and a kitchen.

There are around 182,554 HMOs across England and Wales, according to

See Full Page