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  • Buy-to-Let

    Update for Croydon Landlords

    I attended the Croydon Landlord Forum in January and thought I’d share some of the information they presented.

    • There are 16,000 landlords in the borough, they’ve had 30,000 license applications,  an average of just under 2 properties per LL
    • 7% properties had a Cat 1 hazard
    • Licensing Team focusing on town centres
    • They have been focusing on licensed properties (by definition those more likely to be compliant) and 71.72% were satisfactory.
    • In 2019 there were only 26 more enforcement notices than there were prior to borough-wide Selective Licensing in 2015, despite all the millions they’ve raked in since 2016.
    • 19% of properties were found to be unlicensed.
    • Next two fora are in June and October.  The June one will discuss consultation for the renewal of Selective Licensing in the borough

    Here are the presentation slides:

    https://www.croydon.gov.uk/sites/default...202019.pdf

    Croydon are now consulting on bringing in an Article 4 Direction for the whole borough Permitted Development of small HMOs scrapped requiring full planning permission) – details are here:  Consultation ends on 8th March 2019.

    https://getinvolved.croydon.gov.uk/KMS/D...r_Status=1

    • 14,836 households in Croydon are living in unsuitable or without housing – 10% of all households
    • 59% are owner occupied households in the borough, 21% PRS and 18% social (not sure what the other 2% are!)
    • They state they need 50% of homes to be delivered with 3 bedrooms but the local plan’s target is 30% (why are they not planning to reach the target they’ve been set?)
    • Since 2013 they have had 222 HMO complaints borough wide (44.4 per year) – however, they state on p14 that they’ve had 270 HMO complaints for ASB
    • They have 925 licensed HMOs
    • There have been 21 HMO specific related fire incidents since Jan 2015 (5.25 per year)  There were 813 fires in Croydon in 2018 according to LFB so this equates to 0.65% of fires.  There were 1,646 false alarms in 2017.
    • I presume there’s a typo on p14 which reads 2011-2011, I guess it should read 2001-2011.
    • The majority of HMOs are in the north of the borough but this area also has the highest density of housing.  There appears to be no pressure on the south of the borough so I’m not sure how they can justify bringing it in borough-wide.
    • Surely they’ll be losing HMOs now due to minimum room sizes that were introduced?
    • As there is already borough-wise Selective Licensing and Mandatory HMO Licensing, why can’t they manage it through the existing processes?

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    Fantastic Heather! Thanks so much for sharing these valuable insights with the wider community.

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    In 2019 there were only 26 more enforcement notices than there were prior to borough-wide Selective Licensing in 2015, despite all the millions they’ve raked in since 2016.

    This tells you all you need to know about this scheme, its a public sector money making scam... plain and simple as that.



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    Thank you Heather for sharing this. Some very interesting information to read through and good to see the facts and figures.

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    Transparency notice: OneandOnlyPro is a commercial partner of Property Tribes.

    HOT OFF THE PRESS!

    Next Croydon Landlord Forum will be on 18th June and will include evening sessions as they expect high turn out.  As they will be discussing the renewal of Selective Licensing (currently £750/£350 and I've just had to buy one which will last less than 2 years) I would urge as many local landlords as possible to register.  I don't have any more information other than that at the moment. 

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