Following consultation last year, Nottingham City Council has announced the introduction of Selective Licensing which will cover 90% of the private rented sector in the city.The implementation date has been set for the 1st August 2018.
A license will be a LEGAL REQUIREMENT for EACH property a Landlord owns within the Nottingham City catchment area. You can check whether your property is covered by the proposed license scheme through the Nottingham City Council website by using the following link: geoserver.nottinghamcity.gov.uk/myproperty
We still await the Executive Board of the Council to agree the final cost of a license however, in their press release of the 14th February they stated that “it is likely to be less than £2 per week, per property for accredited landlords and no more than £3 a week for non-accredited landlords.”
Whist we await final confirmation on the license cost, it is worth noting the Nottingham City Council website is currently proposing a license fee of £780 per property, reducing to £520 for accredited Landlords.
A license will last for 5 years and the license fee will need to be paid in a lump sum at the outset.
Further information is available from Nottingham City Council's website https://www.nottinghamcity.gov.uk/housing/private-sector-housing/selective-licensing/