In October 2015, as part of their plan to make Croydon a better place to rent, the council designated the borough a private rented property licence area. This made it a legal obligation for every privately rented home in the borough to apply for a private rented property licence.
A total of 38,596 licences were issued by the end of the scheme and, approximately, 40% of licensed properties received a property inspection.
There is currently no licensing requirement for a private rented home in Croydon unless it falls under the compulsory HMO licensing scheme.
How long is it valid?
The Croydon landlord licence is valid for five years, after which it must be renewed.
Do I need one?
The Croydon landlord licence is just one of a number of compulsory licensing schemes that have been introduced in recent years. Others include the London boroughs of Newham and Barking and Dagenham.
If you are not sure whether you need this type of landlord licence then please check on the following link to see if you require a Croydon Landlord Licence
How well has it been received?
The Croydon landlord licence has been generally well-received by landlords and letting agents. Many believe that it will help to improve standards in the private rented sector.
However, some critics have argued that the Croydon landlord licence is an unfair burden on landlords and letting agents. They argue that the cost of the licence is too high and that it is not clear what benefits it will bring.
What’s the benefit?
This type of licencing ensures that property landlords are local and not absent landlords. Compliance with the licence requires the following which are perceived to be benefits:
- Inspections every 6 months
- Where required, targeted inspections
- Regular checks on fire alarms
- New tenant checks
- Any problems with tenancy can be dealt with quickly
Fines
The Croydon landlord licence is a controversial scheme, but it is one that all landlords and letting agents in Croydon must comply with.
Landlords and letting agents who do not have a Croydon landlord licence can be fined up to £20,000
How can we help?
Keeping up to date with local borough licencing is what our platform is all about. By using our platform you will stay up to date with all the latest licencing requirements long with any legislation changes to do with properties in your area.
Our platform will also send you alerts if there are any changes that require your attention. This makes for an efficient landlord and also allows you to get on with your day safe in the knowledge that we have you covered.
How can I talk to you?
You can use our contact form to communicate with us and we do have instant chat on our website. Failing all of that you can of course book a one to one with our team to discuss your requirements and how we can help further improve your landlord business.
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