April 2025 HMO Property Market Update: House Prices, Rentals, Mortgages & More!

In this episode, we’re breaking down the headlines and taking a deep dive into the data to uncover what’s really happening in the UK property and rental market. 

This is your April HMO Property Market Update—covering everything from house prices and mortgage rates to changes in tenant behaviour, the rental market, and new regulations. We’re covering it all in this episode.

Whether you're a landlord, investor, or just keen to stay informed, this is your full market download to help you navigate the landscape with clarity and confidence.

Topics covered in this episode:

• 02:31 – In-Depth Look at House Prices
• 10:05 – Rental Market Trends & Tenant Behaviour
• 16:08 – Interest Rates & Mortgage Updates
• 20:11 – Key Changes in Legislation & Licensing
• 23:03 – Broader Economic Overview
• 25:24 – Effects on the Student Housing Market

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Transcript

Andy Graham (00:02.67)

Hey, I'm Andy and you're listening to the HMO Podcast. Over 10 years ago, I set myself the challenge of building my own property portfolio. And what began as a short-term investment plan soon became a long-term commitment to change the way young people live together. I've now built several successful businesses. I've raised millions of pounds of investment and I've managed thousands of tenants. Join me and some very special guests to discover the tips, tricks and hacks, the ups and the downs, the best practice and everything else you need to know to start, scale and systemise your very own HMO portfolio now.

Andy Graham (00:40.75)

Today we are going to be pulling apart the headlines and deep diving into the data to find out what's really happening in the UK property and rental market right now. This is your April HMO property market update from house prices to mortgage rates, to changes in tenant behaviour, to the rental market, to the regulation changes. We're going to cover it all in today's episode. And this is going to be your full download to help you navigate the market with clarity and confidence. If this sounds like the sort of thing that's going to help you in your own property business, then make sure you stick around. Please sit back, relax and enjoy today's episode of the HMO podcast.

Hey guys, it's Andy here and we're going to be getting back to the podcast in just a moment. But before we do, I want to tell you very quickly about the HMO roadmap. Now, if you're serious about replacing your income, or perhaps you've already got a HMO portfolio that you want to scale up, then the HMO roadmap really is your one-stop shop. Inside the roadmap, you'll find a full 60 lesson course delivered by me, teaching you how to find more deals, how to fund more deals and raise private finance, how to refurbish great properties, how to fill them with great tenants that stay for longer, and how to manage your properties and tenants for the future.

We've also got guest workshops added every single month, we've got new videos added every single week about all sorts of topics, we've got downloadable resources, cheat sheets and swipe files to help you, we've got case studies from guests and community members who are doing incredible projects that you can learn from, and we've also built an application just for you that allows you to appraise and evaluate your deals, stack them side by side and track the key metrics that are most important to you. To find out more, head to thehmoroadmap.co.uk now and come and join our incredible community of HMO property investors.

Andy Graham (02:31.247)

OK, welcome back. So today we are going to be pulling apart the market. We're going to be deep diving into the data and I'm going to help you analyse what's really going on out there in the property market at the minute to, of course, help you make better decisions into the next month and beyond. Now, this is the first time I've recorded an episode like this on the show. We've been recording the HMO podcast for over three years and I've resisted doing this because it can be quite difficult to find consistent information from the market and interpret that and depending on where you are and what you're doing and what you're reading and the source of information, it can actually be quite confusing. 

But you guys have been asking for this more recently than ever before. So I'm going to do my very best job to pick apart the data and give you my opinions and share my thoughts to help you hopefully make better decisions as you move forward in your own property business. Look, if this is useful, if you guys find this valuable, then we'll do more of it.

Maybe every month, maybe every quarter we'll see. If it's not, then we can kick it into touch altogether. But just give me a bit of feedback. Let me know what you think, whether you want more, whether you want less. And I'm happy to do whatever it is that you guys think will help you the most. So shall we get stuck into this? House prices, mortgage rates, changes in tenant behavior, regulation changes. That has actually been quite a bit going on in the last month. And I think there's plenty for us to get our teeth stuck into today. 

So, where should we start? How about we start with the biggie house prices? Now, I think it's important to take this stuff with a big pinch of salt, because remember, this is average data. Depending on where you are in the country, the results on your local level, on a micro level, could actually be very, very different. You've got to make sure that you are doing that sort of analysis yourself. But it's a good steer, generally speaking. And I think when we step back from today's episode, after taking everything into consideration, there is some useful information in there that can help steer and guide some decisions. Let's start with the Halifax though. Big reporter on property values. They do a lot of lending. Halifax reported that the average house price currently stands at £297,000. Up 2.8 % year on year, but interestingly down 0.5% month on month. Now, conversely nationwide, their average house price data reported £261,000, so a little bit less, with 2%

Andy Graham (04:55.697)

year on year growth, so less than the 2.8% that Halifax had reported and a 0.2% monthly rise as opposed to Halifax's 0.5 % month on month rise. The ONS, Office of National Statistics, reported a 5.4% year on year increase to 268,000. So their average house price data sitting somewhere in the middle, but that data is a little bit older, that's actually February's data.

Now let's look at some of the regional standouts because I think that this really highlights what I started with today. The Northwest, apparently according to some lenders, is showing an 8% annual growth. That is pretty staggering. Now I think anyone in the Northwest will have seen this anecdotally, will have seen that the house price values in a lot of areas has been going up quite quickly. Perhaps unsurprisingly though, some of the coastal towns, Torridge and Worthing, they're down nearly 4% year-on-year according to Lendlord and Savils. Now that's probably a post-COVID lag. Obviously we saw the big boom, of move out to the coast during COVID. People have started to change their minds. Employees have started to call people back to the office and things are starting to look a little bit different. Now remember that we are HMO property investors. So we are investing in a niche. And if you're investing in prime areas.

Particularly, a lot of this data won't necessarily be anywhere near as sensitive because remember, a lot of the house price data when you're buying prime HMOs or you're lending against prime HMOs, it is actually yield based. It is yield driven. So when rental market data is more stable, those property values tend to be quite stable as well. We're going to talk about rental data today and find out what's been going on in April as well. But that's just something worth considering. Just because you're not in the Northwest doesn't mean that you're not necessarily seeing that sort of property value price rising. You may well be, but this is just a bit of broad consensus on what's currently happening in the wider market. 

How would I interpret this? Well, look, I think there was a bit of a boost, an artificial boost in early 2025, largely driven by the stamp duty deadline.

Andy Graham (07:12.709)

A lot of people rushed to get transactions through and probably paid a little bit more than they might have otherwise done because they didn't want to pay that extra bit of stamp duty. And of course that's going to have some sort of an impact. And I think we'll probably see more of this in April's data and maybe for a couple of months yet, but as things start to sort of drag through from the land reg and whatever. But I think if you go back and look beyond, look before the last month, it's pretty clear to see the, well, we are nowhere near anything like a crash, the market is definitely softening. There's going to be a now, I think, a post stamp duty deadline softening that further drags things down. That acceleration that we've seen previously with house prices has definitely disappeared. I think that of steam has come out of the market and it doesn't look like anything particularly exciting is likely to happen in the near future in that respect. So I think we are seeing a softening of the market. I think we are seeing the rise in house prices come down alongside inflation as well. 

I think the regional divergence is widening. I think seeing the Northwest 8% up and London just completely flat. That was clearly what the data is saying, even down in some areas. I think that that's quite telling as well. I think that that tells us that there's a lot around affordability that needs to be taken into consideration. And I think that as property investors, we can probably expect that a lot of people are taking their money from areas like London and putting it elsewhere that is higher yield generating. 

And of course, that's the Northwest, it's going to be the Northeast areas like that. Generally speaking though, and I think this is an important one, bias sentiment is cooling quite modestly. And that is literally a quote I've taken from Rick's April report. Now, why is that so important? Well, because bias sentiment drives pretty much everything. Now we can get into, and we will get into why perhaps bias sentiment is starting to change.

But that's a really important one because buyer sentiment tends to drive property values. And when buyer sentiment cools down, obviously we find the heat comes out of the market and it turns from a seller's market to a buyer's market. Now that is good news for us as property investors, potentially. If we want to buy more properties, there's a good chance that we might be able to buy them at a slightly better value than we have been able to do recently over recent years. If you're selling anything and actually

Andy Graham (09:35.734)

I've got some stuff that's going to be going on the market soon. It's not the best news in the world because the market is a little bit softer. I think that's probably a good wrap on the house price review. I think, like I said, generally speaking, an artificial boost. Things are softening now and it looks like that's likely to continue as buyer sentiment continues to cool. Let's look at the rental market insights alongside this. So I think there's some interesting stuff here. ONS reports that the private rents were up 7.7 % year on year.

And now that's putting average rents at 1300 pound a month just over. Now bear in mind that's single that stuff, not HMO specifically. Zoopla, you let rents up 3% year on year, so 1200, just under 1300 pound a month. And Spare Room reporting average monthly rents up by 1% year on year. Now currently 744 pounds. That's the monthly average. And that's from spare rooms, rental index and Q1. So again, bit of a lag there on that data. But I think that this is important because there has absolutely been some softening to the rental market. Now, I'm not saying that it's difficult to rent at the minute, but what I am saying is that that buoyancy, confidence, being able to fill almost anything, that confidence of being able to put the rents up and someone taking it because they almost didn't have another choice, that has definitely changed. 

And actually, if you speak to a lot of people in the HMO space, different parts of the country, you will find that actually there is a slightly different report at the minute. Rooms that are coming empty are sticking for a little bit longer. They're not able to push the prices quite as much. And that is definitely a sentiment thing. There is a tenant behaviour thing there happening. And I think that this is really, really important to take into consideration. Blackpool, interestingly, up 9% Southend, up 6%, interestingly, Ipswich, Newcastle and Oxford all up 5%. The big drops seem to be in Birmingham down 4%, Edinburgh, Nottingham, Bolton, Bradford down 3%. Now when you've got some areas up as much as 9 % and some areas down as much as 3 and 4%, that is a big gap. And the important question to ask is why? And what does that mean? If you're investing in areas like Bradford, like Bolton, like Nottingham, like Edinburgh, why might that be? I think in Bolton, definitely some

Andy Graham (11:58.843)

oversupply in accommodation, some changes to employment statistics, things like that will have definitely driven some of that change. Why it's up in Southend, couldn't quite tell you. Why it's up in Blackpool, couldn't quite tell you, but it's interesting and perhaps worth a read if you are investing in those areas. But let's have a look at the tenant behaviour. Why is this data changing? Well, apparently, and I think this is from property 118, there are currently 12 tenants per available property. 

Now, that sounds like a lot, doesn't it? But it's not compared to what it has been in recent years. Tenant demand is actually down a whopping 17% across the board. Now that is where some of this reduction and stagnation in rents is actually coming from. The rental supply, according to Zoopla, is up 11%, which kind of books that. So again, it is difficult to know what's right, what's accurate, what to look at. But I think an important thing here is to take into consideration some of the anecdotal evidence. If you hang out in our community, you will know that the HMO market has definitely softened a little bit. Those rental prices are not being pushed as much. Maybe they're even flat. Some rooms are sticking a little bit. And look, here's my interpretation of this. Rental competition is actually quite fierce at the minute, but affordability, there are cracks in affordability showing. 

This is almost definitely why rents are not going up and not going up the pace that they have been. Quite simply, tenants cannot currently afford it. There is a big lag with cost of living and inflation has definitely come down, but it's taken almost a year, maybe a bit longer for people to really feel that, eat through their savings, maybe not get the pay rise at work that they thought they were going to get, finding that they haven't been able to save as much, not able to do some of the other things, have some of the other luxuries that they would want. And rent is one of those things that people absolutely have to take into consideration. It's one of the most important spends, one of the biggest spends for most people who don't own their own accommodation. And this is not likely to change. London rents are down slightly according to Spare Room. And I think what's clear according to Spare Room is that tenants are starting to prioritise, and this is huge, I think, affordability.

Andy Graham (14:18.249)

They are still prioritising quality and location, but I think prioritising affordability is definitely a change that we're going to have to start getting accustomed to because before now, good quality accommodation in a good location would almost always fill. And now what we're finding is actually that affordability piece, that kind of third part of the puzzle, that pricing that is now far more sensitive. 

So my advice to you, if you were just finishing a project, if you're stacking a new deal up, be careful not to be too bullish with your rental valuations at the minute. Because if you get this wrong, not only will you potentially end up with empty rooms and foyers, but actually you might find that the values that you stack a refinance up based on these rental assumptions actually could be out on that as well. So you're out on your rents, you're then out on your refinance valuation. Just be careful. I don't think right now is the time to be overregging things. 

I think actually I'd probably encourage you to be a little bit more pessimistic at the minute, unless on a local level, on a micro level, you're seeing that data and you've got that information to support what you're proposing to do. Of course, as always, have a bit of a contingency. Just make sure right now you have got a bit of a contingency. Have a bit more cash flow. Factoring a little bit more on the voids than you perhaps have done over the last few years. Just factor in a little bit of softening on the refinance valuations. 

All of that stuff I think is really, really important. And look, that's how you do good business. You want to make sure that you don't lose money. You don't want to overcook things and find that you come up short, can't pay investors back and things like that. So just be careful with this stuff. Okay. Let's take a look at interest rates and mortgages. What's going on in that part of the market at the minute? Well, as we all know, inflation has been coming down, currently sitting at 2.6%, just slightly above the government's target of 2%. 

But that is really, really good news. Of course, what that means is there's a slightly more positive outlook on interest rates. And actually in the last week or so, some of the mainstreams of the high street lenders have actually brought some of their rates down below 4%. So currently in the threes, we're seeing rates in the threes. Now, don't get too excited because they are not rates for you and I as HMO investors. They're not on HMO products, but...

Andy Graham (16:37.287)

That sort of positivity, that sort of outlook towards interest rates is very, very welcome. I mean, let's be honest, the last couple of years with interest rates, I mean, it's been a bloodbath, hasn't it? It's been unpredictable. It's been expensive combined with issues around stress testing and other sort of strict bank requirements that have been brought in. Yeah, it's just been a really tough lending market and what a luxury it would be to see some of these rates starting to come down significantly. What that means is at the end of the day, even if rents are a little bit flatter over the next year or two, if rates do start to come down and you're refinancing, then there will be a bit more juice to squeeze out of your deals. And that would be lovely. So inflation currently sitting at 2.6%, base rate currently at 4.5%.

And the consensus opinion is that we are likely to see maybe even up to three base rate reductions this year. Now, whether or not we will, I suppose we'll wait and see. There's other stuff going on elsewhere in the economy and in the world, in fact, that could put a spanner in the works there. But we are seeing some positive changes, some positive moves. Shortbrook currently have a HMO product, five-year fix, I think at 5.14 % with lower fees into Bay two years at 5.39 % maybe still with a 5% fee, but we are seeing some better rates. We're seeing those specialist product rates starting to come down from the sixes towards the fives. And that makes a big, big difference. Those arrangement fees are still high. I think the banks are probably going to be quite reluctant to let those go. It's a bit like petrol prices, isn't it? Petrol prices go up, we all kick and scream and get really annoyed and then they eventually come back down a little bit, but they never quite come back down as far, do they? 

I think we're going to find the same with banks. Banks have found a way to help maybe improve some of the affordability from a stress testing perspective on deals. And they've been able to whack these big fees on. Obviously, as investors, we haven't got much of a choice. We've got to pay for them. And I think that they've enjoyed seeing that hit their bottom line.

Andy Graham (18:49.651)

And I think that it's going be a little while before we see significant changes in that sort of aspect of most deals, especially from the specialist lenders. But my interpretation would be that mainstream mortgage rates, they're down under 4% now, which is pretty good. it looks like we're to see a few more base rate reductions over the year. HMO finance definitely remains expensive and it's fee heavy. But again, we're starting to see changes tracking the right direction and stress testing definitely easing, I think as HMO investors.

If you're having issues with stress testing on your multi-let deals, then probably not looking at a good enough deal to be honest. But what this does mean is that you might be able to enable some higher borrowing. What that might mean is that the bank can give you a little bit more on your loan to value and maybe allow you to crystallise a little bit more out of your deal, perhaps to repay investors, to just sort of take a bit out of the deal that you've worked hard to make happen. So I suppose that would be my summary on interest rates. On the whole, I would say really quite positive, but just don't get too carried away just yet. We're going to circle back around in today's episode and have a bit of a chat about the broader economic context of stuff that's going on. Because I don't think the interest rates coming down is by any means a sure thing, but we'll come back to that. Legislation and a quick licensing update. The rent is reform bill, the renter’s rights bill, it's advancing through parliament.

It now looks like we're probably looking at mid-2026 to see some of this stuff actually come into action. It seems to change every quarter. So again, this is absolutely coming. All the stuff that we've talked about on the show before, I'm sure all the stuff that you've read, it's going to happen. We're to have to adapt to it, but not just yet. If you're in the student market, a lot of people, a lot of investors will have been wondering whether or not to secure tenants under fixed term tenancies for the upcoming academic cycles.

I've currently got some student houses that run in a slightly different academic cycle. They run April to April as opposed to September to September. And the tenants look for their houses about this time of the year in readiness to move in in December. Don't worry about trying to get your head around that. It's a little bit weird, but it does actually work quite well. So I'm actually signing some new tenants up, putting them in some of the houses. And this has been one of the big considerations, but I've put them on fixed term tenancies. I've done everything in exactly the same way.

Andy Graham (21:08.425)

When the renters rights bill kicks in, eventually it will supersede any fixed term, tenancy agreement. So it will immediately revert to kind of what the new law is. Just keep that in mind. But if you're doing anything at the minute, I would just proceed as you have been familiar with doing. A couple of Article 4 directions brought in, I think Hounslow and Middlesbrough. So just be aware if you're investing in those areas, probably worth checking out. And I think in a new selective license policy in Nottingham and Lambeth Council as well. If you're investing in those areas, maybe just check that out.

So look, my interpretation of this stuff is that compliance costs and those sorts of standards, they're just continuing to rise. There's just more every month, every quarter, and there will be every year. The direction of travel, as far as the government's concerned, I think it's really, really, really clear. They are professionalising the sector. They don't want small landlords. They want to hand the reins of the private rental market over to the institutions. So if you want a seat at the table, you're going to have to work really hard and jump through these hoops. Good quality operators, good operators focusing on tenant service though. And I think if you do that and you get your documentation right and you build good operations and procedures, I don't think you'll have any issues. A lot of investors and lot of landlords will drop out of the market because of this stuff. We've been talking about this for ages. That is happening. It will continue to happen. And that is an opportunity as this stuff comes up to the market. It's there potentially for you and I to buy. We can turn it into good quality housing and we can operate it really, really well.

So just keep an eye that because I think that this is something as these legislation changes continue to come through, particularly the renters rights bill, we will see more opportunities as a direct result of. Let's move on then to the broader economic context of what's happening out there in the wider world at the minute. So obviously the Trump tariffs has really kind of shook the world on a global level. It's pretty crazy. Lots of theories as to why he's doing that. If you want to know mine, I think it probably is because he would like to see interest rates come down so that they can refinance a big tranche of their national debt down, which is significant. 

But who knows with Trump, but ultimately the outcome of that has been that the IMF has cut their global growth forecast 2.8% and the UK growth forecast have now been cut by Reuters to 1.1%. Not great. Obviously inflation is down to 2.6%, but it's difficult to say which way inflation is going to go.

Andy Graham (23:30.363)

What we're seeing is, know, manufacturers as a direct consequence of tariffs are going to have to spend more to create the same product. And what happens when that happens? Well, of course that cost ultimately gets passed on to the consumer. And what is that? Well, that is inflation. If people are having to pay more for the same products, then ultimately they've got less money to spend on other things like rent. I think it could easily stoke inflation and we could sort of end up going backwards here.

Hopefully that doesn't happen, but I do actually think that this is significant enough to just be keeping quite a keen eye on. It could do the opposite. I'm not an economist. It could do the absolute opposite and it could bring economy kind of to its knees and bring inflation down with it. I guess we'll see. But ultimately the economy is cooling. It's not crashing, but it is definitely cooling right now. That is a sort of a bit of a caution of liquidity starts to dry up when economies cool. 

So access to finance, access to debt from banks, all of that stuff could sort of dry up a little bit. So it's worth keeping that in mind. If you've got access to good terms, even if you haven't got a requirement to actually borrow it just now, it might be worth thinking about locking in some good rates. I've just locked in good long-term loan that I have at 6%. Really good terms, I take it a lot on a very long-term basis. It was coming up for renewal and I thought now is a great time to kind of lock that back in at 6%. That's unsecured by the way. So it gives you an idea of how good the term that sort of thing is.

Finally then in today's episode, I just wanted to very quickly touch on the student market as you guys will well know if you're a regular listener of the show the student HMO model is absolutely my favorite for a whole number of reasons, but the student market has been subject to a bit of change recently one of the big changes is that study visas are down 11% across the country now, this is significant because what this means is the of the knock-in impact is that UCAS applications from international undergrads is down by about 8% and that's for the September 25 intake. 

So student numbers are absolutely down, almost as a kind of a line through the middle of the market. That has happened. Student numbers are definitely down. And what this does then is it risks a slight oversupply in certain markets. Some markets are already a little bit more oversupplied than others.

Andy Graham (25:52.029)

But interestingly, we had Jake and Lucy on the show recently. Bristol has for a long time been an incredibly buoyant market, largely driven by a big supply and demand imbalance in the student market, which left a lot of scope to create and operate student HMOs and also professional HMOs because there simply just wasn't enough room share accommodation. But very quickly that has changed and almost unquestionably a big part of the reason why will be fewer undergraduate sort of washing through in the last 12 months.

By the way, the government changed a big part of the visa system and what it meant was that international students, like for example Chinese students who would typically apply for a visa, they would normally be granted a visa to bring a family member or family members with them. The government removed that and what that meant is that the application for those international study visas changed significantly and ultimately that just means less people coming to university. And the international undergrad market in the student space is huge. 

If you imagine it's almost like the bottom tier that drives a huge amount of the university revenue and fills a lot of the big PBSA accommodation, well, that's why this is really, really important. So, Savils are reporting some oversupply risks emerging in Bristol and in Manchester and in Nottingham and other areas as well. These are big cities. So, just keep this in mind. 

I think circling back to our conversation today about rental insights and what's happening, maybe changes in some tenant behavior, affordability becoming more of a key thing. I think this alongside that affordability thing that we're already seeing is really, really important. Even if you're not a student investor, but you invest in or around a student market, that tends to drive the professional HMO market and the availability of the supply of room share stock. I think it's really sensible at the minute to be thinking about your pricing strategy. 

You might have the best property in the best location, but actually, if ultimately tenants have more choice, they may choose something else because the price offers better value for money as far as they're concerned. So just keep this in mind. I think that this all really kind of just circles back and highlights the same thing that affordability is now a much more important factor and may continue to be for the next year or two. So look, student demand, generally speaking, it's still solid, but it's changing, it's shifting.

Andy Graham (28:12.174)

The international market is softening slightly in PBSA competition. I'm definitely expecting to increase. I think HMO landlords definitely need to upgrade or they're going to risk voids. If you've not got one of the best properties and it's not in one of the best locations, you are definitely at risk, I would say. So you need to keep an eye on that. So there we are guys, a bit of a mixed bag today, a bit on property values, on the rental insights, on tenant behaviour and demographics, mortgage rates, interest rates, the wider economy and a little bit of specialist info on the student market. 

Look, I don't think the market is booming at the minute. That's pretty clear, but I also don't think it's crashing. I think there is currently a bit of a recalibration happening. I think that that is absolutely the case. And I think a big part of that is being driven by a recalibration of rents. Ultimately, tenants cannot afford the rents and the market is softening as a direct result of that. And I think that the market is changing into a bit more of a buyer's market as opposed to a seller's market that we've been used to.

That could offer some good opportunities, some good buying opportunities. Keep an eye on rates, lending opportunities might be good for the foreseeable as rates start to come down. Also as base rate comes down, private investors with money in the bank earning whatever they might be getting on savings at the minute, that's likely to start shrinking. Almost every few weeks I get a message from Monzo, tells me my saving rates have come down and there's only so much that savers can tolerate before they decide to do something better. 

And of course, one of those things that they could do better is lend it to somebody like you as a property investor who might have a good opportunity. I hope today's episode has been useful guys. I know there's a lot to unpack there. Look at my general sort of advice and interpretation of today is keep calm and carry on. There's nothing in here at all that would make me think it's time to step away from the market for a bit. There's nothing in there as well that makes me think that I would want to accelerate things at the minute.

We're not seeing any hugely obvious opportunities just yet, but I think there are some shifting sands. I think the tides are changing a little bit. So just keep an eye on that stuff and make sure you've got good contingencies in all of the decisions and costs that you're incurring at the minute in your business. But hopefully you found today's episode useful. Hopefully you found it helpful. Hopefully it helps guide and steer some decisions that you need to make in your property business. But I would love to hear what do you think of today's episode? Has it been useful? Has it been helpful? Has it been enough? Do you want me to do it

Andy Graham (30:35.767)

differently. Give me some feedback. You can either drop me a message directly on Instagram, drop me an email to info@theHMOroadmap.co.uk or come over to the HMO community, which is our free group on Facebook. And just tell me what you think in there. Now, if you are serious about building a HMO property business, if you want to level things up, scale things up, accelerate the process, achieve that five or ten thousand per calendar month goal, whatever it is, leave your job. Make sure you go and check out theHMOroadmap.co.uk. If you don't know what it is, if you haven't joined, if you haven't checked it out yet,

Go and spend just 30 seconds seeing what it's all about, because I promise you won't be disappointed. For less than a price of a cup of coffee every single day, you can get your hands on everything you could possibly need to start, scale and systemise your business. Video series, master classes from experts in our community on all sorts of subjects. You'll get my downloadable resources and templates, all of the files and tools that I've used and built in my property business. You get access to the deal stacker and so much more, not least almost a hundred case studies from our own community members that will quite simply blow you away, not just how good they look, but the numbers and some of the deals that people have pieced together in our community. That's it, guys. Thank you again for tuning in. And don't forget that I'll be right back here in the very same place next week. So please join me then for another installment of the HMO podcast.