HMO guaranteed rent in Woking

A fixed monthly rent for HMO landlords in Woking (GU21 · GU22), 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.

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GU21 · GU22 covered · Fixed monthly rent · Licensing handled · Free annual gas certificate

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HMO guaranteed rent in Woking, 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 Woking 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 Woking

Room lets depend on steady demand from sharers: professionals, key workers, students and people starting out in London and Surrey. In Woking (GU21 · GU22), that demand is driven by:

Fast trains to Waterloo in around 25 minutes
Major employers including the McLaren Technology Centre
St Peter's Hospital and the University of Surrey within commuting distance

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 Woking

Woking is covered by Woking Borough 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:

Additional licensing

Woking introduced borough-wide additional licensing for small HMOs (three or four sharers) from 5 January 2026 to 4 January 2031.

Selective licensing

Woking considered and rejected selective licensing in 2025.

Article 4 (planning)

We found no Article 4 direction for small HMOs in Woking.

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 Woking

01.

Free HMO appraisal

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

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 HMO	HMO guaranteed rent
Monthly income	Varies with every room that empties	A fixed figure, paid every month
Empty rooms	Your cost	Our cost
Finding and vetting sharers	You, often several times a year	Handled by us
Day-to-day repairs and call-outs	You	Handled by us
Licence conditions and compliance	Your responsibility	Managed by us, with responsibilities set out in writing
Your time	Constant	A monthly statement

The HMOs we take on in Woking

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 Woking. Or have it fully run for you with property management in Woking.

Woking HMO questions, answered

Do I need an HMO licence in Woking?

Any HMO with five or more people from two or more households needs a mandatory licence, wherever it is. Woking introduced borough-wide additional licensing for small HMOs (three or four sharers) from 5 January 2026 to 4 January 2031.

Can I convert a house into an HMO in Woking?

We found no Article 4 direction for small HMOs in Woking. We check the planning position before giving any conversion advice.

Is there selective licensing in Woking?

Woking considered and rejected selective licensing in 2025.

How much does HMO guaranteed rent pay in Woking?

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.

Landlord guides

Guides for London landlords

Compliance

HMO guaranteed rent across Surrey

TW18 · TW19

Find out what your Woking 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.

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