The LandlordZONE Journal – “LandlordLOG�

May 2006 – Issue 009

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We continue here with our series of LandlordZONE Newsletter editions on the topic of Licensing and the requirements of the Housing Act 2004.

The licensing requirement for HMOs became effective in April: the licence will be issued to “fit and proper persons� who operate HMOs and can demonstrate good management, usually for a period of 5 years.

We are already seeing differences in the way that local authorities are interpreting the rules and the fee levels they are charging according to Mike Stimpson, chair of NFRL.

Fees apparently are varying from nothing at all to just under £2,000 per property. This in itself is a worrying development for HMO landlords.

But, in addition it seems that some authorities are not discriminating between mandatory and discressionary licensing—requiring ALL HMOs to be licensed—not the intention of the legislation at all.

Clearly the situation needs to be monitored and pressure to be brought where necessary.

Tom Entwistle, Editor

This issue is wholly sponsored by Coverlet – one of the leading providers of insurance for the rental property market.

Landlord’s Insurance from Coverlet

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