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News Article

"In May, you MUST give your Tenants the Renters Rights Information Sheet or

YOU RISK  - £7,000 FINE  PER TENANT PER PROPERTY."READ MORE

Council States In No Way Are Licensing Costs Pushing Landlords To Exit Sector

11th Nov 2024

Another council will be proposing a new selective licensing scheme as landlords will more than likely going to have to pay £750 to £900 for a five year licence.


Image credit: iStock

According to the 2021 census, 20% of households in North Devon—a predominantly rural area—are in the PRS.

Liberal Democrat Graham Bell, the council’s lead member for housing asserts that there is no evidence suggesting that selective licensing has led to more landlords selling their properties in other regions.

He asserts that similar schemes in other regions have successfully reduced anti-social behaviour, successfully prosecuting rogue landlords to justice, and kept rent increases to a minimum.

He says: “Potentially it is a benefit… we are trying to improve people’s lives and it does seem to work”

However, Tory councillor Pru Maskell argues that the increasing pressure is driving landlords to sell their properties, making the market "less and less desirable" for them.

She argues that introducing selective licensing could drive more landlords towards holiday lets, reducing the number of homes available for rent.

Council officers plan to conduct a feasibility study before holding a consultation on the proposed scheme.


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"In May, you MUST give your Tenants the Renters Rights Information Sheet or

YOU RISK  - £7,000 FINE  PER TENANT PER PROPERTY."READ MORE

 

 

 


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Fit for Habitation|March 2019 The ACT is intended to define minimum standards a rental property MUST be and makes a clearer pathway way for Tenants to be compensated|https://www.pims.co.uk/fit_for_habitation_act_march_2019/ Guarantor|The person who provides a guarantee and promises to make payment good should the person responsible for the agreement fail|http://www.pims.co.uk/guarantors/ MEES|The Minimum Energy Efficiency Standard (MEES) Landlords are charged with the requirement to bring their rental property to a minimum EPC rating of E. Property with F and G rating will effectively be banned from the rental market April 2018 |http://www.pims.co.uk/epc/ Section 11|Section 11 of the Landlord and Tenant Act 1985 places an obligation on the landlord to maintain the structure and exterior of the property, including installations for the supply of water, gas and electricity, heating systems, drainage and sanitary appliances|http://www.pims.co.uk/landlord-section-11-repairs/ serving date|This date is the date deemed received at the property - as an example if posted allow for posting days|/serving-notice-on-a-tenant-delivery-days/ Tenancy Application|The objective of vetting is to empower yourself so you can make an informed decision as to the calibre of the prospective person. Making your decision on facts and figures is invaluable and this is why you should always take references. The application form also provides you with permission to perform credits. This form details all the information you should ever require deal with most eventualities including absconding tenants|http://www.pims.co.uk/doc/57/ Tenant Fees|From June 2019 where renting properties in England gone are the days of charging for admin, letting fees, vetting, references, inventory, check in, check out, cleaning, pet insurance or ANY other fee that is not explicitly permitted within the legislation. |https://www.pims.co.uk/ban_letting_fees_act_2019/