HMO guaranteed rent in Edgware

A fixed monthly rent for HMO landlords in Edgware (HA8), paid whether rooms are full or empty. We let and manage the rooms, handle compliance and licensing, and send you the same figure every month. Your figures come back within 24 hours.

HA8 covered · Fixed monthly rent · Licensing handled · Free annual gas certificate
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HMO guaranteed rent in Edgware, explained

HMO guaranteed rent means Morgan Prescott takes on your house in multiple occupation, or a larger house suited to sharers, and pays you a fixed rent every month. Empty rooms, sharers moving on and day-to-day problems become our concern, not yours.

It suits Edgware landlords who want the stronger income that room lets can bring, without the constant workload of running an HMO themselves. The figure, the term and every responsibility are agreed in writing before you commit.

Victorian brick terraced houses with front gardens and railings

Why HMOs work in Edgware

Room lets depend on steady demand from sharers: professionals, key workers, students and people starting out in London. In Edgware (HA8), that demand is driven by:

  • Edgware's Northern line terminus and bus hub
  • Edgware Community Hospital and the Royal National Orthopaedic Hospital nearby
  • Easy reach of Middlesex University's Hendon campus

That depth of demand is what allows us to commit to a fixed figure, and to keep rooms filled with well-referenced sharers.

Checked October 2026

HMO licensing and planning in Edgware

Edgware is covered by Barnet Council. Any HMO with five or more people from two or more households needs a mandatory licence, wherever it is. On top of that, here is how the local rules stand:

Worth knowing: Edgware straddles Barnet and Harrow councils, which run different rules, so we confirm the council for your street at appraisal.

Additional licensing

Barnet runs borough-wide additional licensing for HMOs of three or more people from two or more households, from October 2022 for five years.

Selective licensing

There is no selective licensing in force, although the council consulted in 2026 on a scheme for ten wards including Burnt Oak, Colindale and Hendon.

Article 4 (planning)

A borough-wide Article 4 direction has been in force since 2016, so converting a family house into a small HMO needs planning permission.

Schemes change, so we re-check the current position for your exact address at appraisal. You can also see the rules on the council's website, or read our guide to London property licensing.

How HMO guaranteed rent works in Edgware

01.

Free HMO appraisal

We look at the rooms, layout, condition, licensing position and local demand in Edgware.

02.

Your fixed figure

Usually within 24 hours you receive the monthly figure we can guarantee, with the terms in writing.

03.

Contract and set-up

A company let, a full inventory, and compliance and licence checks completed before we start.

04.

Paid every month

We let and manage the rooms and handle day-to-day maintenance. You receive the same rent each month.

Self-managing an HMO vs HMO guaranteed rent

Self-managing an HMOHMO guaranteed rent
Monthly incomeVaries with every room that emptiesA fixed figure, paid every month
Empty roomsYour costOur cost
Finding and vetting sharersYou, often several times a yearHandled by us
Day-to-day repairs and call-outsYouHandled by us
Licence conditions and complianceYour responsibilityManaged by us, with responsibilities set out in writing
Your timeConstantA monthly statement

The HMOs we take on in Edgware

  • Licensed HMOs with five or more sharers
  • Smaller HMOs of three or four sharers, licensed where the council requires it
  • Larger houses suited to sharers, where planning and licensing allow
  • Several rooms or houses across a portfolio

Every property is checked for room sizes, fire safety, kitchen and bathroom provision and licence conditions before we commit to a figure. Prefer a single household instead? See guaranteed rent and property management in Edgware. Or have it fully run for you with property management in Edgware.

Edgware HMO questions, answered

Do I need an HMO licence in Edgware?
Any HMO with five or more people from two or more households needs a mandatory licence, wherever it is. Barnet runs borough-wide additional licensing for HMOs of three or more people from two or more households, from October 2022 for five years.
Can I convert a house into an HMO in Edgware?
A borough-wide Article 4 direction has been in force since 2016, so converting a family house into a small HMO needs planning permission. We check the planning position before giving any conversion advice.
Is there selective licensing in Edgware?
There is no selective licensing in force, although the council consulted in 2026 on a scheme for ten wards including Burnt Oak, Colindale and Hendon.
How much does HMO guaranteed rent pay in Edgware?
It depends on the number and size of rooms, the condition and licensing of the property, and its exact location. After a free appraisal we give you a fixed monthly figure in writing, usually within 24 hours.
Who looks after the sharers and repairs?
We do. We find and vet the sharers, handle day-to-day maintenance and call-outs, and keep compliance up to date. Structural items and buildings insurance normally stay with the owner, and the split is set out in the contract.
What should I check before signing a guaranteed rent deal?
Who the contract is with, that rent is paid when rooms are empty, the term and break clauses, who handles repairs, the handback condition, who holds the licence, and whether your mortgage lender and insurer allow a company let. Our guide covers all twelve questions.
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Find out what your Edgware HMO should be earning

A free, no obligation appraisal within 24 hours: your managed rent estimate and, where the property qualifies, a fixed guaranteed figure on a two to five year term.

Or call us directly: 0333 054 0046