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Hi Essex. Yes, officially they and most landlord bodies are indeed against licensing, greater regulation, and all the associated costs, as well we should be.But the reason the NLA run a nationwide accreditation scheme is because part of that scheme is to create a national database of accredited landlords in the hope that it might head off any future govt that wants their own licensed database.The list could be used to say ‘all these landlords are trained and good at what they do, how about a fair licence set at reasonable cost’? (£50? £100? Etc). The govt will probably never go for it and local authorities earn too much off their fees to agree it, but it would be a fair, serious, standard-raising answer to the problem of bad landlords.
Unless they publicly support a scheme with details they will be perceived as being against the concept, if they wish to drive it forward then they should be publicly saying there should be a landlord scheme, this is what it should look like and we the NLA can run it. ARLA are accepted as the professional qualification and organisation for letting agents.
The type of LL you describe we don't need amongst us. They are exactly the type of person that the anti-LL groups hold up as us all being like, and get policies changed because of their activities.The minority causing problems for the majority? I'm not even sure if they are in the minority! Who knows?
Some absolutely superb resources here as ever, and I agree that landlords really should know by now what is going on.We have all said before and known that there are many ignorant landlords out there and that once the January 19 tax bills fall due they will hopefully start to realise what they’re up against.We won’t see any movement on S24 until such times that the govt see their gargantuan folly in all its glory, and that won’t happen until the smaller, ignorant landlord is awake and being heard in the fight.
Absolutely shocking that there are still landlords who still aren’t aware of S24. You don’t need to have been accrediated or licenced to know about it. The tax changes must have been mentioned in every single article on buy to let and the property market in general for nearly three years. That’s not just the trade press either, it’s the mainstream press, everything and everywhere. If you don’t know about it by now then you can’t have been paying any attention to anything at all. It really negates the inevitable cry of ‘but I’m a business’ when they eventually do twig. What kind of business person is so oblivious to the market in which they are operating?
You make a good point about allegedly oblivious dopey LL.
Well the way to ensure they NEVER are unaware of things going on in the PRS is for EVERY LL to be licensed and to be required to have an email address as a bare minimum so that the license scheme may disseminate relevant information on the PRS.
Rather than reinventing the wheel it must make sense for the existing LL Associations to be co-opted as provisoners of this information.
Of course if LL refuse to read the email information there isn't much you can do about that.
Perhaps some sort of process by which the licensing scheme would be notified of all LL who click on the license scheme information messages.
Perhaps it could be made a statutory requirement that all License information emails must be opened at least once.
I see no issue with a National LL license scheme.
Just as with the EPC no property would be allowed to be let without a LL licence number.
Any LL that attempted to do so would be subject to a RRO once discovered or reported to the license scheme who would then prosecute.
Most good LL would have no problem with complying with such licence conditions providing any licence fee is per LL
Perhaps I could accept a fee per 20 properties
Most LL would pay a one off fee say every 5 years of £500.
Personally I would welcome the input of the likes of Shelter and JRT and maybe GR as to what they would like to see in a National LL licence and redress scheme.
To have a collegiate approach would surely produce an agreed National .LL licence scheme.
I sometimes think that the likes of Shelter etc think good LL support bad LL.
Well no actually we don't!
Good LL detest bad LL as much as Shelter etc.
We want them to become good LL or be put out of business.
Bad LL are unfair competition and keep rents lower than they would be were it not for their uncompetitive practises.
I believe there could be much meeting of minds if only all these disparate organisations only got together to form a plan to put to Govt for effective National LL licensing.
I believe Govt would far prefer industry participants to come up with a LL licensing strategy for Govt to then review and consult on to eventually be made law.
I believe it is unfair on tenants that they might have LL not knowing what they are doing.
For so many reasons a National LL Licensing scheme incorporating a LL property redress scheme would be an effective policy.
It would drive bad LL out of business.
Without a licence a LL could be bankrupted by RRO orders.
The only reason bad LL behave as they do is because of the money.
Threaten the removal of that money and inevitably bad LL will come into line.
It is pointless being a bad unlicensed LL if you know there is a very strong risk of all the illegal rents being clawed back from you!
is it possible that those LLs haven't submitted their tax papers?
Up-dates for this resource:Why BTL incorporation is an expensive mistake Ltd company - bigger bomb than Section 24? If you have a salary, S24 is a killer! Convergent relationship between finance and tax and Landlords' tax positions (sole trader or ltd co?)
Vanessa Warwick Landlord and Co-Founder of PropertyTribes.com **If you have got value from Property Tribes, find out how you can support it in remaining a free to use community resource**