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.
The Croydon landlord licence is valid for five years, after which it must be renewed.
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
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.
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:
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
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.
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.
Effortlessly stay on top of property legislation with a digital compliance report for every property in the UK. Yuno offers an all-in-one solution for seamless digital audits, real-time updates, and a wealth of property compliance knowledge, transforming compliance from a daunting obligation into a strategic advantage.
With over 15 years immersed in the property sector, Paul’s expertise is unparalleled. From his beginnings as a developer in Chelsea to pioneering the innovative Yuno property compliance model, his journey showcases a deep understanding of the industry’s intricacies.
Having been a slave to the beast of responsibility & liability, Paul decided to partner with property legal professionals & experts to create a platform that would empower all with the knowledge and means to set themselves free once and for all. With Yuno, you’re not just complying; you’re thriving.
With his Chartered Accountant background and extensive experience in corporate finance, private equity, and real estate, Steve plays a pivotal role as our Financial Director and Advisor. His financial acumen is invaluable in shaping Yuno’s financial strategies and ensuring sound financial governance.
With over 25 years of experience, Steve’s insights and guidance are instrumental in driving Yuno’s financial success.
With over 15 years of professional experience spanning diverse sectors, from law enforcement to fintech, Russell brings a wealth of knowledge to our team.
In 2016, Russell’s entrepreneurial spirit led him to raise an impressive $8 million for the establishment of Paymenta, a cutting-edge platform specializing in foreign exchange and remittances.
Russell is a proud graduate of Oxford, where he earned his PGDip in Software and System Security. His expertise and passion for technology make him an invaluable asset to Yuno, ensuring our platform remains at the forefront of innovation.
Lori brings over two decades of expertise in estate agency and the private rental sector to the Yuno team.
As a valued advisor, Lori plays a crucial role in shaping Yuno’s compliance solutions, ensuring they meet the needs of our clients in an ever-evolving industry. Her wealth of knowledge and commitment to excellence make her an integral part of our mission to simplify compliance in property management.
David’s legal prowess in property litigation, property regulation, and data protection is unparalleled. His extensive experience, especially in matters concerning residential tenancies and agencies, makes him an invaluable asset to Yuno.
With a keen eye for new legislation and obligations, David excels in advising and litigating complex property issues. He has a knack for finding innovative solutions within existing laws to tackle unique client challenges.
With a proven track record of nurturing businesses and an in-depth understanding of consumer behaviour in relation to property, Kate is a true industry figure. Her insights and expertise are invaluable to Yuno’s mission.
Kate’s dedication to improving the property industry aligns perfectly with our goals, and her guidance helps us continually evolve to meet the needs of property professionals and consumers alike.
