Our client, Ox-Living are leading the way in creating stylish co-living house share communities exclusively for young professionals across Oxfordshire, and at the same time providing healthy return prospects for its property investors.
The co-living sector in the United Kingdom has experienced rapid growth, especially since the pandemic, demonstrating the keen interest from developers, investors, and lenders. This surge is attributed to a nationwide deficit of high-quality rental properties and the increasing number of professional millennials seeking innovative lifestyles that seamlessly integrate living, working, and leisure.
Residential Development
Conveyancing
Co-Living
Regulatory complexity
HMO Licencing
Building codes and health & safety standards
Tenant protection
We were delighted to assist Ox-Living with expanding their portfolio of luxury house share accommodation, working with them to navigate the regulatory complexities of planning permissions and House in Multiple Occupation (HMO) licenses.
Providing expert guidance on the intricate processes, we ensured due diligence in understanding planning permissions alongside HMO licenses, particularly in areas with Article 4 directions.
The project facilitated a comprehensive assessment of compliance, enhancing awareness of local authority regulations, renewal deadlines, and compliance criteria. This initiative significantly contributed to OX-Living achieving their goal of a remarkable 99.7% occupancy rate.
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