Property Hawk the landlord's homepage since 2006
Free Tenancy Agreement FREE tenancy agreement
Free Landlord Software FREE landlord software
Home | Property Manager | Free ASTs | Landlord Forms | Mortgages | Insurance | Inventory | Magazine | Landlords Bible | Directory | Forum | Training | News / Blog |

Monday, December 05, 2016

Nottingham's city wide PRS licensing

Nottingham Council are proposing the introduction of a city wide selective licensing scheme for landlords of PRS property.

If the plans are passed the scheme will be the biggest in the country, encompassing approximately 43,000 rental properties.

The proposed licences will cost £600 per rental property and last for five years.

The council proposes that accredited landlords would benefit from a £140 discount on the fee.

A consultation on the plans is due to start this month and finish in March 2017.

If the council then decides to go forward with its proposals they will be passed on to the Secretary of State to approve.

If passed, the council is proposing the scheme could be introduced by Spring 2018.

No comments: