The compulsory licensing, should it go ahead, will affect all private Landlords, who will be required to purchase a 5 year license which will cost between £300 and £500 depending on how early they register for it. This license would see landlords proving that they are “fit to be landlords”.
The Council are looking to introduce this as a way of ensuring that private sector rented properties are well managed and meet the required standards. They are looking to eradicate tenants living in poorly maintained properties with Landlords who are not meeting their basic obligations. Properties will have to meet the outlined basic standards and provide proof that they have the requisite certificates for gas safety and electrical appliances. Landlords will also have to ensure all tenants have written tenancy agreements, undertake maintenance properly and deal with anti-social behaviour where this occurs.
The licensing of landlords has already been piloted on a small scale in the borough’s Little Ilford Neighbourhood Improvement Zone which achieved 100% compliance following enforcement action against a small number of non-compliant landlords.
What do you think? Will this punish the rogue landlords, and how will it impact compliant landlords who manage properties responsibly?
*It would seem that this is a good idea! Or at least something that is now being made compulsory for certain councils. It’s already compulsory in Scotland, we’re developing our own scheme in wALES and England have now begun rolling it out in councils.
Read the recent BBC news article here