Selective Licensing - What We Know So Far
Nottingham City Council have confirmed that a mandatory license shall be required for landlords to hold in order to rent out their property in certain areas of the City Centre. Going live as of 1st August 2018, the license is being introduced in order to raise housing standards in the private rental sector.
The exact cost for a license is still under consideration and further information shall be released as of April 2018. Landlords must obtain a license per property however there will be potential for discount on licence fees for proposed licence holders, or managers, who are fully accredited through DASH or UNIPOL.
Applications to obtain a license will open on July 1st 2018 with the scheme lasting for five years. If a landlord does not hold a license they will run the risk of prosecution and a possible unlimited fine without license. Nottingham City Council can now issue financial penalties of up to £30,000 for certain offences under the Housing Act 2004.
For further information regarding Selective Licensing, please visit the Nottingham City Council website – https://www.nottinghamcity.gov.uk/housing/private-sector-housing/selective-licensing/.
FHP Living are very happy to answer any questions from existing or potential landlords whether a current client of FHP Living or not. To speak with Luke Pritchett, Director and Head of Lettings and Property Management, please contact email@example.com or call 0115 841 1155, option 2.
This information is correct at the time of writing and publication as per the Nottingham City Council website but is subject to change.