LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Big city to go live with controversial selective licensing plan – LandlordZONE

Mark Helprin by Mark Helprin
January 18, 2023
in Real Estate
Big city to go live with controversial selective licensing plan – LandlordZONE
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Who said what on day one of Renters’ Rights Bill Lords report stage? – London Wallet

Comings & Goings – London Wallet

Ambitious estate agency acquires well-established family run business – London Wallet

Nottingham councillors have agreed to ask the government to approve the city’s new selective licensing scheme.

Proposals for its second scheme will cover a slightly smaller area in the city than the current scheme, but would include some new areas such as parts of Broxtowe and The Park. If it gets the go-ahead, the scheme could be implemented in August.

The council says it doesn’t believe landlords will need to increase tenants’ rent to cover the cost of a licence application, which would be payable in two parts.

It believes most landlords in the city who already have a licence would be aware of licensing, so a new licence should be factored into their business plan, while any previous increase in rents they may have made should cover a new licence fee.

toby neal

Councillor Toby Neal (pictured), portfolio holder for housing and human resources, adds: “Many of the 45,000-plus privately rented properties in the city are well-managed but, as part of the first scheme we still find properties that are to a very poor standard.”

Surprising

But Giles Inman (pictured), business development manager at EMPO, questions why the council isn’t working with good landlords to seek less expensive measures to improve energy efficiency, tenant behaviour, property disrepair and standards.

He tells LandlordZONE: “It’s surprising they mention they don’t expect rents to increase because of more licensing and that many of the 44,000 properties in the city are well-managed. Why then consider a new large-scale and costly scheme?”

The landlord group has already warned that the introduction of another selective licensing scheme could create an exodus of landlords. It is working with property solicitor David Smith to submit an objection to the government.

Subscribe here for the latest landlord news and receive tips from industry experts:



Source link

Share30Tweet19
Previous Post

Suspicions rise Putin could be set to announce a ‘significant’ second wave ‘of mobilisation’ of ‘140 million’ to ‘bludgeon’ Ukraine – London Business News | London Wallet

Next Post

Deutsche Bank predicts this autonomous driving play is headed for a ‘considerable revenue and earnings acceleration’

Mark Helprin

Mark Helprin

Recommended For You

Who said what on day one of Renters’ Rights Bill Lords report stage? – London Wallet
Real Estate

Who said what on day one of Renters’ Rights Bill Lords report stage? – London Wallet

July 2, 2025
Comings & Goings – London Wallet
Real Estate

Comings & Goings – London Wallet

July 2, 2025
Ambitious estate agency acquires well-established family run business – London Wallet
Real Estate

Ambitious estate agency acquires well-established family run business – London Wallet

July 2, 2025
Government launches consultation on a new Decent Homes Standard – London Wallet
Real Estate

Government launches consultation on a new Decent Homes Standard – London Wallet

July 2, 2025
Next Post
Deutsche Bank predicts this autonomous driving play is headed for a ‘considerable revenue and earnings acceleration’

Deutsche Bank predicts this autonomous driving play is headed for a 'considerable revenue and earnings acceleration'

Related News

Exxon CEO dismisses worries FTC could hold up Pioneer deal, does not see competition concerns

Exxon CEO dismisses worries FTC could hold up Pioneer deal, does not see competition concerns

December 7, 2023
Scotland’s Covid-19 inquiry to begin

Scotland’s Covid-19 inquiry to begin

October 24, 2023
Double pre-let brings sustainable City office scheme Edenica to over 50% let | Property Week

Double pre-let brings sustainable City office scheme Edenica to over 50% let | Property Week

October 1, 2024

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?