Farage Slams HMOs: "Blaming Landlord for Housing Illegal Migrants and Wrecking Communities"

Money Tips Daily by Charles Kelly, former IFA and author of

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5d ago 23:17

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Nigel Farage has once again ignited controversy, this timeturning his sights on the UK’s House in Multiple Occupation (HMO) sector.Speaking out this week at a Reform press conference in Dover, Farage claimedthat HMOs are not only damaging communities but are increasingly being used tohouse illegal migrants and asylum seekers, often at the taxpayer’s expense.

Watch video - https://youtu.be/NKaPZj-APgw

Farage, who could become the next UK Prime Ministeraccording to the polls and recent local election results, argued that the rapidgrowth of HMOs—particularly in urban areas—is "a symptom of a failedimmigration and housing policy." He criticised how private landlords andgovernment contracts are turning residential streets into overcrowded multi-letproperties, undermining local cohesion and public services.

While HMOs can be a profitable property strategy, especiallyfor landlords seeking higher yields, they’ve become controversial. Localresidents often complain about noise, rubbish, overcrowding, parking andfalling property values. Councils have responded with Article 4 directions andtougher licensing schemes.

Is this another nail in the coffin for buy-to-let propertyinvestment, and further reasons for landlords to get out of the UK propertymarket?

In recent years, landlords have had to contend with:

· Section24 landlord tax – watch accountant explain tax and solutions - https://youtu.be/aMuGs_ek17s

· Increased tax and

· Increased red tape and regulation.

Now, landlords are facing Labour’s Renter’s RightsBill and the end to Sec 21 ‘no fault evictions’. See full episode - https://www.youtube.com/watch?v=Wx1HXgVW1bM&t=400s

The latest episode of the Charles KellyMoney Tips Podcast explores the truth behind these claims, what it meansfor property investors, and the future of HMO investments in the UK. Pleaselike and subscribe - https://www.youtube.com/@charleskellymoneytipspodca9121

In the next Charles Kelly Money Tips Podcast episode, I willtell you why I’m getting out ofbuy-to-let property after 30 years!

There are many more money making property strategies thanbuy-to-let. The important thing is to get the right property education fromexperts who have made millions in UK property.

For more information on a free “NO MONEY DOWN PROPERTY”webinar, email [email protected]

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