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  • Buy-to-Let

    Huge blanket licencing scheme announced

    So in 5 years they have averaged 14 prosecutions pa and 114 enforcement pa. Hardly a ringing endorsement of their scheme.
    Also, they are not the first to get borough - wide Licencing as Croydon has had it since 2015. They estimated that there were 30k licencable properties in the borough and last I heard had had 32k applications. I have previously posted their 'results' on here which are not impressive.
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    No issue with professionalising the industry and improving standards IF...and it's a big IF... enforcement is robust and the many landlords who should not be in the industry are forced out but this is seldom the case and is very frustrating for those of us complying 100 % with regulations.

    There is no doubt local councils will demand more of the PRS in supplying homes they themselves cannot provide - but they don't seem to be able to work in a 'partnership' culture.

    I think it will change though as reality bites...

    Ed


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    LETS MAKE HOMES by treating landlords as partners, tenants as customers & every property as our own."

    http://www.letsmakehomes.co.uk

    Liverpool has this already in place, at £400 per property.

    While I agree with measures to ensure landlords are providing good quality compliant rental property, I think this is being exploited by local authorities as another revenue grabbing opportunity.

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    The council says that so far its existing schemes have helped it instigate 70 prosecutions and serve 570 enforcement notices.

    How many of them were for not paying for a licence?

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    Wales scheme with RentSmartWales -

    "How much does it cost to register as a landlord?

    A landlord registration costs £33.50 if completed on-line and £80.50 if done on a paper application form."

    So you can see the added cost of someone doing the form manually as opposed to automatically being done online.

    "What are the fees collected for landlord registration and landlord and agent licensing used for?

    Money received in fees will pay for the running costs of Rent Smart Wales. This includes work to make sure licensed people comply with their licence conditions, complaints from tenant’s are investigated and proactive enforcement work is undertaken by local authorities in Wales to make sure those people who try to ignore their legal obligations are made to comply or face sanctions.

    Fee income is not collected to make a profit."

    I haven't a problem paying this smaller amount to ensure everyone pulls their weight as it were. I think it shows that the other schemes are almost 'all for profit'. Otherwise, why is there the discrepancy in price?

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    Why dont the likes of NLA fight the Councils that are asking fees of £750 per property  on the basis that that Wales charges £33.50 per Landlord

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    Yes they definitely should. The council will then probably ignore them as usual and go ahead anyway.

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    The big difference with RSW is that it is the landlord and manager that are licenced, not the property. Whether a landlord owns 1 property or 100, there is only 1 landlord registration fee and 1 licence fee (either the landlord or their agent).

    The English system is ludicrous and is akin to having to purchase a new driving licence each time you purchase a vehicle.

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