Leasing large HMO's to Supported Living Providers with Henry Davies

In this episode Henry Davies talks about how he developed and leased a large HMO to a supported living provider. He talks about how he found a the provider and how he developed the property. He explains why supported living appeals to him and why he is now developing more properties for supported living.
Henry Davis is a property trader, developer, and landlord, and he purchased his first property in London in 1990. He is the author of The Truth About Property and one of the UK's most experienced property experts.
Henry is a guest property writer for The Times Newspaper and the presenter of The Key to Property Investment, a full-day training course on behalf of the National Residential Landlords Association.
www.henrydavisproperty.com
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Lisa Brown became a property investor after a long nursing career. She initially developed heritage properties and then a chance encounter led her to discover supported living. She realized this was a powerful way to invest in property while creating homes for people with a support need.
Lisa set about discovering why property investors struggle to let their properties to supported living providers and why providers struggle to find property to let. She has been educating people, raising awareness and working on solutions to this problem ever since. Lisa is the host of the Supported Living Property Podcast and RUclips channel and formed The Supported Living Property Facebook Group.
Lisa is founder of The Supported Living Property Network, a place for property investors and supported living providers to connect, build relationships and communicate about property they have available and/or need. Membership includes access to training courses, monthly training events and networking events and access to The Supported Living Property Network Conference.
To find out how you can join The Supported Living Property Network please follow this link: ⁠www.supportedl...
Lisa has written a free guide for you:
If you are a property investor download this free guide to help you find providers to lease your property: ⁠ www.supportedl...
If you are a provider who is looking for property to lease, then download this free guide to help you find property: www.supportedl...
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[@hassanamir387]

Another great video Lisa with loads of knowledge shared! You mentioned about most providers paying Market rent, or lha rates + 10%, what do you think about companies like social housing group, citygate and the likes who are claiming they work with providers offering £1000-£1500 per month above market rates for properties? Are they legitimate? They do the r2r model, where they rent from landlord, and then rent back out to providers for the markup supposedly

[@SupportedLivingProperty]

Thanks for your kind words. I can’t really comment on their model but I do know rents in the supported living sector are under greater scrutiny than ever before and local authorities are looking to see justification for rates for all exempt rents. I also know most of the quality providers I work with are not keen on leasing properties under the rent to rent model.