Stories like the Siddharth Mahajan property case can be avoided if you follow the right advice.
And while we may never know the truth in the case, we can be sure of what to do in our own situation to avoid legal action.If you would like to know more about the Siddharth Mahajan property case or to discuss your responsibilities as a landlord of a rental property, get in touch with a member of our team here at Property Classifieds.
But just how accurate is this depiction?The Siddharth Mahajan property case is much more complicated than the version portrayed both in the press and in the rumours swirling around online.
He worked for several years in his native India before making the move to London.
He started his business with the aim of catering for travellers looking for a little bit of home when abroad.His empire soon grew to more than 50 properties, all offering accommodation to people visiting the UK for long periods.What is an HMO?Siddharth Mahajan then had the idea to let the different rooms in his properties on an individual basis.
The idea was based on the concept of a serviced apartment, targeting corporate visitors and overseas students.
This concept grew to incorporate all 57 of his properties, some in his name and others in the name of his business, Tulip Hotels.HMOs are common across the UK but they require a different set of licences to other rental properties.
Speak to your local council to find out more.The caseIn 2015, Mahajan received a notice from Barking and Dagenham Borough in East London.
But just how accurate is this depiction?The Siddharth Mahajan property case is much more complicated than the version portrayed both in the press and in the rumours swirling around online.
He worked for several years in his native India before making the move to London.
He started his business with the aim of catering for travellers looking for a little bit of home when abroad.His empire soon grew to more than 50 properties, all offering accommodation to people visiting the UK for long periods.What is an HMO?Siddharth Mahajan then had the idea to let the different rooms in his properties on an individual basis.
The idea was based on the concept of a serviced apartment, targeting corporate visitors and overseas students.
This concept grew to incorporate all 57 of his properties, some in his name and others in the name of his business, Tulip Hotels.HMOs are common across the UK but they require a different set of licences to other rental properties.
Speak to your local council to find out more.The caseIn 2015, Mahajan received a notice from Barking and Dagenham Borough in East London.
Stories like the Siddharth Mahajan property case can be avoided if you follow the right advice.
And while we may never know the truth in the case, we can be sure of what to do in our own situation to avoid legal action.If you would like to know more about the Siddharth Mahajan property case or to discuss your responsibilities as a landlord of a rental property, get in touch with a member of our team here at Property Classifieds.