Editor's note: This brief was summarised by The Property AI Newsroom from a report by Property118. Read the original article for full details.
Council Proposes £1,050 Selective Landlord Licence with No Discounts
A council has opened a consultation on plans to introduce a £1,050 selective licensing fee for private landlords. The proposed scheme would require all private landlords operating within designated areas to obtain the licence if approved.
According to the report, the council has confirmed that there will be no discounts available on the selective licensing fee. Additionally, landlords would not be able to pay by direct debit or in instalments.
Letting agents and inventory clerks working in the affected city should be aware that, if the scheme is implemented, all private landlords in the designated areas would be required to comply with the new licensing requirement.
Further details, including the specific city and the timeline for the consultation or implementation, were not provided in the source excerpt.
Source: Property118