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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

Landlords and Lettings Agents’ Rogue Fines Up by £500,000 In Just 3 Months

7th Apr 2023

Over the past three months London councils have been busy handing out increasing number of fines with the total so far this year of more than £8.6 million, according to reports from a geospatial technology platform.




Image credit: Pexels

With the 50 per cent increase in enforcement charges and fines for rogue landlords and lettings agents, it is more than likely that 2023 will become the biggest year ever since records started and is near to doubling fines recorded in 2022.
 
More than six out of 10 London councils – 66 per cent – have at least an additional or selective licensing post Covid enforcement increases with more to follow suit across the capital.
 
The  geospatial technology business  claims to be the only company tracking the Mayor of London’s Rogue Landlord and Agent Checker and its analysis of  enforcement data finds that in the last three months alone, the combined total value of fines for landlords and lettings agents has increased by over half a million, as from December 2022 it stood at £8,157,745 and now in April it is £8,668,895.
 
The company reports that since January there has been an average increase in fines every month of over £167,000 in fines.
 
The top London council for number of enforcement cases brought forward  is Camden with close runners up of Newham and Waltham Forest.
 
However the council that remains on top for issuing the highest average value of fines at £19,800 is the London Borough of Hammersmith and Fulham.
 
The rapid rise in fines is largely  attributed to increased enforcement measures and efforts of councils across the capital. Already eight new licensing schemes have been introduced this year with at least five more planned to start over the next three months.
 
A spokesperson for the firm, says: “Every month, the company reports a new record increase in fines and enforcement seen in the private rented sector.
 
“The start of 2023 is no different with an increase of half a million pounds in fines seen in just three months suggesting that 2023 might become the biggest year on record for fines.”

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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/