The Complete Guide to HMO Management in Exeter for Landlords (2025)

Exeter has rapidly become one of the most in-demand cities in the South West for shared housing. With a thriving student population, a growing number of young professionals, and limited housing availability, Houses in Multiple Occupation (HMOs) present an attractive opportunity for landlords. But managing an HMO isn’t as simple as collecting rent—it requires strict compliance, consistent maintenance, and expert tenant management. This guide will walk landlords through everything they need to know about HMO management in Exeter and how working with a specialist like Gil Rooms can save time, reduce stress, and maximise returns.

What is HMO Management?

An HMO (House in Multiple Occupation) is any property rented by three or more people from different households who share common facilities such as a kitchen or bathroom.

Key differences between HMOs and single lets include:

More tenants: Multiple rental agreements within one property.

Higher yields: Potential for stronger rental returns compared to single lets.

More responsibilities: Safety checks, tenant turnover, and ongoing management are more complex.

Exeter’s student population and demand for affordable housing make HMOs a profitable choice for landlords, provided they are managed correctly.

Exeter HMO Licensing & Legal Requirements

Exeter City Council enforces strict rules around HMOs to ensure tenant safety and quality housing.

Licensing requirements include:

Mandatory HMO License: For properties with 5 or more tenants forming more than one household.

Fire Safety: Fire alarms, fire doors, and escape routes must meet regulations.

Gas & Electrical Safety: Annual gas safety checks, 5-yearly electrical inspections.

Room Sizes: Minimum room size requirements must be met (e.g., 6.51m² for a single room).

Landlords must also stay up to date with changes in legislation. Non-compliance can result in heavy fines or even prosecution.

Common Challenges Landlords Face with HMOs

Running an HMO in Exeter is not without challenges:

Finding reliable tenants: Students and young professionals often have short-term contracts.

Dealing with multiple tenancies: More tenants mean more admin and potential conflicts.

Maintenance: Higher wear and tear due to multiple occupants.

Rent collection: Missed payments are more likely with several tenancies.

These challenges highlight why many landlords turn to professional HMO management companies.

Benefits of Professional HMO Management

Working with a professional HMO management company in Exeter ensures:

Full compliance: Licensing and safety regulations handled by experts.

Reduced void periods: Experienced managers keep occupancy rates high.

Hands-off management: Less day-to-day hassle for landlords.

Financial stability: Reliable rent collection and transparent reporting.

Why Choose Gil Rooms for HMO Management in Exeter?

Gil Rooms specialises in HMO and shared accommodation management across Exeter. With over 10 years of experience, we offer:

Local expertise: Deep knowledge of Exeter’s property market.

Transparent fees: No hidden charges, just straightforward management.

Community focus: We foster well-balanced households to reduce tenant turnover.

Landlord peace of mind: From compliance to maintenance, we handle it all.

Ready to simplify your HMO management? Contact Gil Rooms today for a free consultation and discover how we can maximise your property’s potential.

Conclusion

Exeter is one of the UK’s best locations for profitable HMO investment. But with opportunity comes responsibility. From licensing to tenant management, landlords face increasing challenges. By partnering with an experienced HMO management company like Gil Rooms, landlords can reduce risk, save time, and enjoy better returns on their investment.