EPISODE · Jan 5, 2021 · 7 MIN
Rent to rent doesn't work in Article 4 areas
from The Rent 2 Rent Success Property Podcast · host Stephanie Taylor & Nicky Taylor
047 - Today we’re talking about article 4. If you have no idea what an article 4 area is or if you think article 4 will stop you doing rent to rent, you’re going to love this episode.Article 4 is a direction under article 4 of the General Permitted Development Order which enables councils to remove some 'permitted development rights'. What Article 4 means in plain English is that a planning application has to be submitted to the relevant council to change a house to an HMO even for 3 or 4 people, which under the national legislation wouldn’t require Planning. (It should be noted that Planning permission is, and always has been, required to convert a single family house into a large HMO with 7 or more unrelated persons sharing). So many people use article 4 as an excuse not to get started.We have a successful rent to rent business in an Article 4 equivalent area and because we focus on existing HMOs, it doesn’t stop us.If anything, it’s an advantage because there is less competition because it’s more difficult to convert a house to an HMO.Click here to listen to the full episode✅ https://rent2rentsuccess.com/47 ✅Support the show
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047 - Today we’re talking about article 4. If you have no idea what an article 4 area is or if you think article 4 will stop you doing rent to rent, you’re going to love this episode. Article 4 is a direction under article 4 of the General Permitted Development Order which enables councils to remove some 'permitted development rights'. What Article 4 means in plain English is that a planning application has to be submitted to the relevant council to change a house to an HMO even for 3...
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Rent to rent doesn't work in Article 4 areas
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