For anyone looking to understand how those developments are influencing landlord behaviour, houses in multiple occupation (HMOs) provide a useful reference point. That level and breadth of demand continues to underpin the appeal of HMOs as an investment proposition. Sponsored by AldermoreThe appeal of HMOs extends beyond demand alone. Nearly half said they were seeing demand for higher-end HMOs and a similar proportion pointed to increased interest from young professionals. HMOs can involve different tenancy structures, more intensive management arrangements and a greater emphasis on property performance than some other BTL assets.