Another city private rental licensing scheme moves a step closer

Another city private rental licensing scheme moves a step closer


Todays other news
Knight Frank has launched an Investment desk...
PropTech platform and lettings agency Dwelly has acquired another independent...
The rental sector saw significant easing in supply pressures last...
The Property Franchise Group has expanded its financial services activities....
New Propertymark figures show a continuing large gap between demand...


A new licensing scheme in Nottingham has moved a step closer with the proposal being sent to the government for approval. 

 

The council’s executive board has now approved a revised selective licensing scheme following an 11-week consultation earlier this year which sought the views of tenants, landlords, letting agents and local people.

 

The scheme will now be submitted to the Secretary of State for approval, a legislative requirement, with the aim of introducing it from April 2018.

It will be self funding with the cost – £20.96m over five years – covered by income from licence fees.

 

The cost of a licence for non-accredited landlords is proposed to be £655.

 

The council claims it received 1,443 complaints about private rental properties last year.

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Letting Agent Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
New franchise director revealed at LSL Agency Franchising 
The rental sector saw significant easing in supply pressures last...
Propertymark boasts of political influence and media attention
The national lettings managing director of Leaders says that this...
A prominent PropTech figure says letting agents must make 2026...
Red Tape fears as Renters Rights Bill adds to agent overload
Agents using small drones for photography and marketing will face...
It appears Knight Frank was involved at one stage...
The mansion tax will take effect from April 2028....
The Bill becomes a Law within a matter of days...
Recommended for you
Latest Features
Knight Frank has launched an Investment desk...
PropTech platform and lettings agency Dwelly has acquired another independent...
The rental sector saw significant easing in supply pressures last...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.