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Tue 26 Jun 2012
The London borough of Newham has announced it is to be the first council to require compulsory licensing of all private landlords from January 1, 2013.
The licensing scheme will cover an estimated 35,000 private tenancies, representing one in three of all the borough’s households.Newham Council says it made the decision after consulting extensively with residents, private sector tenants, landlords and lettings agencies: 74% of residents and 76% of private tenants supported the scheme. Interestingly there is no mention of the percentage support from Landlords and lettings agents.
The scheme requires private landlords to pay £150 for a five-year licence if they register before 31stDecember 2012; otherwise the full fee is £500. Landlords who fail to get a licence face fines of up to £20,000.
The move by Newham council is unlikely to be welcomed by law abiding private landlords who will know doubt view this as unnecessary cost, as for other local authorities they’ll be keeping their beady eye on this as a useful way to generate revenue in these challenging economic times.
Living Property,www.livingproperty.co, 26/06/12
"Living property are now the only letting agent I will use within the Waveney area. Their service is exemplary and far exceeds that experienced with "lesser" letting agents. They are always polite, courteous and professional and have always been a pleasure to deal with. When it comes to renting, the letting agent is your first point of contact with any problems such as water leaks, and this is usually when the problems start. With Living Property, one phone call in the evening of a bank holiday weekend and the problem was fixed within the hour. I would highly recommend anybody to use them."