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House In Multiple Occupation
A house in multiple occupation (HMO), or a house of multiple occupancy, is a British English term which refers to residential properties where 'common areas' exist and are shared by more than one household. Most HMOs have been subdivided from larger houses designed for and occupied by one family. Some housing legislation makes a distinction between those buildings occupied mainly on long leases and those where the majority of the occupants are short-term tenants. The definition of an HMO has its origins in fire safety legislation, following a series of publicised, preventable deaths in overcrowded buildings. Design In HMOs, bathrooms and kitchens/kitchenettes are typically designated as common areas shared by all tenants, but contractually speaking common areas may also include stairwells, gardens and landings. Houses may be divided up into self-contained flat (housing), flats, bedsit, bed-sitting rooms or simple lodgings. Legally compliant HMOs are characterised by a higher s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Victorian Terraced Houses, Yeovil - Geograph
Victorian or Victorians may refer to: 19th century * Victorian era, British history during Queen Victoria's 19th-century reign ** Victorian architecture ** Victorian house ** Victorian decorative arts ** Victorian fashion ** Victorian literature ** Victorian morality ** Victoriana ** ''The Victorians'', a 2009 British documentary about the Victorian era Demonyms * Victorian, a resident of the state of Victoria, Australia * Victorian, a resident of the provincial capital city of Victoria, British Columbia, Canada Other * RMS Victorian, RMS ''Victorian'', a ship * Saint Victorian (other), various saints * Victorian (horse) * Victorian Football Club (other), either of two defunct Australian rules football clubs See also * Neo-Victorian, a late 20th century aesthetic movement * Queen Victoria * Victoria (other) * The Victorians (other), ''The Victorians'' (other) * * {{disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Article 4 Direction
An Article 4 direction is made by a local planning authority in the United Kingdom and exceptionally may be subject to intervention by the government. It serves to restrict permitted development rights, which means that a lot of the things people do to their land or houses without planning permission and often take for granted, are brought into the realms of planning consent. It does not in itself prohibit any action but means that a landowner is required to seek planning consent whereas without the direction this would not be necessary. Department for Communities and Local Government Replacement Appendix D to Department of the Environment Circular 9/95: General Development Consolidation Order 1995 (978 0117531024) November 2010 An Article 4 direction is not a conservation des ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Group Home
A group home, congregate living facility, care home (the latter especially in British English and Australian English), adult family home, etc., is a structured and supervised residence model that provides assisted living as well as medical care for those with complex health needs. Traditionally, the model has been used for children or young people who cannot live with their families or afford their own homes, people with chronic disabilities who may be adults or seniors, or people with dementia and related aged illnesses. Typically, there are no more than six residents, and there is at least one trained caregiver there 24 hours a day. In some early "model programs", a house manager, night manager, weekend activity coordinator, and four part-time skill teachers were reported. Originally, the term group home referred to homes of 8 to 16 individuals, which was a state-mandated size during deinstitutionalization. Residential nursing facilities, also included in this article, may be ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rooming House
A rooming house, also called a "multi-tenant house", is a "dwelling with multiple Lease-by-room, rooms rented out individually", in which the tenants share kitchen and often bathroom facilities. Rooming houses are often used as housing for low-income people, as rooming houses (along with single room occupancy units in hotels) are the least expensive housing for single adults. Rooming houses are usually owned and operated by private landlords. Rooming houses are better described as a "living arrangement" rather than a specially "built form" of housing; rooming houses involve people who are not related living together, often in an existing house, and sharing a kitchen, bathroom (in most cases), and a living room or dining room. Rooming houses in this way are similar to group homes and other roommate situations. While there are purpose-built rooming houses, these are rare. Condition A study of rooming houses in Ottawa, Ontario, in 2016 found that "many units are in very poor conditi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hostel
A hostel is a form of low-cost, short-term shared sociable lodging where guests can rent a bed, usually a bunk bed in a dormitory sleeping 4–20 people, with shared use of a lounge and usually a kitchen. Rooms can be private or shared - mixed or single-sex - and have private or shared bathrooms. Food and beverage, laundry services, luggage storage, and lockers may also be available. Hostels are popular forms of lodging for backpackers and with youth travel, however very few impose age limits. The global size of the hostel market was estimated at US$7.21 billion in 2023 and was projected to grow at a 6.5% compound annual growth rate until 2030. In 2019, there were an estimated 5,829 hostels in Europe and 4,738 hostels in Asia. The typical guest is between 16 and 34 years old, although it can vary depending on the country. Many hostels are locally owned and operated. Advantages The benefits to travelers of hostels include lower costs opportunities to meet people from diff ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Loan-to-value Ratio
The loan-to-value (LTV) ratio is a financial term used by lenders to express the ratio of a loan to the value of an asset purchased. In real estate, the term is commonly used by banks and building societies to represent the ratio of the first mortgage line as a percentage of the total appraised value of real property. For instance, if someone borrows to purchase a house worth , the LTV ratio is or , or 87%. The remaining 13% represent the lender's haircut, adding up to 100% and being covered from the borrower's equity. The higher the LTV ratio, the riskier the loan is for a lender. The valuation of a property is typically determined by an appraiser, but a better measure is an arms-length transaction between a willing buyer and a willing seller. Typically, banks will utilize the lesser of the appraised value and purchase price if the purchase is "recent" (within 1–2 years). Risk Loan to value is one of the key risk factors that lenders assess when qualifying borrowers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mortgage Loan
A mortgage loan or simply mortgage (), in civil law (legal system), civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged. The loan is "collateral (finance), secured" on the borrower's property through a process known as mortgage origination. This means that a Mortgage law, legal mechanism is put into place which allows the lender to take possession and sell the secured property ("foreclosure" or "repossession") to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms. The word ''mortgage'' is derived from a Law French term used in Legal professions in England and Wales, Britain in the Middle Ages meaning "death pledge" and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken throu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Assured Shorthold Tenancy
The assured shorthold tenancy (AST) is the default legal category of residential tenancy in England and Wales. It is a form of assured tenancy with limited security of tenure, which was introduced by the Housing Act 1988 and saw an important default provision and a widening of its definition made by the Housing Act 1996. Since 28 February 1997 in respect of accommodation to new tenants who are new to their landlords, the assured shorthold tenancy has become the most common form of arrangement that involves a private residential landlord. The equivalent in Scotland is short assured tenancy. Requirements The tenancy must meet the basic requirements of an assured tenancy (excluding the security of tenure effects) and all of the following: # Any of the following: ## The tenancy started between 15 January 1989 and 27 January 1997 (inclusive) and was accompanied by a prescribed warning, was for a fixed term, and for at least six months ## The tenancy started at or after 28 Febru ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Buy To Let
Buy-to-let is a British phrase referring to the purchase of a property specifically to let out, that is to rent it out. A ''buy-to-let'' mortgage is a mortgage loan specifically designed for this purpose. Buy-to-let properties are usually residential but the term also encompasses student property investments and hotel room investments. History Before the 1980s the number of private individuals who became landlords was very small. Buying a property to rent was seen as the preserve of professional landlords and persons who were sufficiently wealthy to pay cash or having sizable deposits enabling them to obtain commercial-style mortgages. The modern 'buy-to-let' mortgage was not available and the possibility of purchasing property as a means of funding a retirement income did not occur to most people. The infrastructure of loans, advice, and information was not available. The critical change came with the Housing Act of 1988 when the assured shorthold tenancy came into being. This ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British English
British English is the set of Variety (linguistics), varieties of the English language native to the United Kingdom, especially Great Britain. More narrowly, it can refer specifically to the English language in England, or, more broadly, to the collective dialects of English throughout the United Kingdom taken as a single umbrella variety, for instance additionally incorporating Scottish English, Welsh English, and Northern Irish English. Tom McArthur (linguist), Tom McArthur in the Oxford English Dictionary, Oxford Guide to World English acknowledges that British English shares "all the ambiguities and tensions [with] the word 'British' and as a result can be used and interpreted in two ways, more broadly or more narrowly, within a range of blurring and ambiguity". Variations exist in formal (both written and spoken) English in the United Kingdom. For example, the adjective ''wee'' is almost exclusively used in parts of Scotland, north-east England, Northern Ireland, Ireland ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
