A helpful guide to the Nottingham Selective License!
What is Nottingham Selective Licensing?
Staying ahead of the property game is always a challenge. The market is continually changing as are the rules and regulations. So if you are a landlord operating in Nottingham, are you aware of the Nottingham Selective Licensing?
The new scheme means that certain properties within designated zones require a licence if the landlord should want to rent it out. Check if the new ruling applies to your property by clicking the link below.
http://geoserver.nottinghamcity.gov.uk/myproperty/
Why has the rule been introduced?
The licence has been introduced in a bid to raise standards in privately rented accommodations. The scheme is to help the local council achieve their objectives in ensuring private tenants live in secure, safe and well maintained homes.
What documentation will I need?
In order to gain your licence under the new Nottingham Selective License regulations, you will need to ensure that you have the relevant documentation. These include, public liability insurance, DBS check, electrical safety certification, gas safety certification, EPC, PAT test and relevant landlord training.
How much does the new licence cost?
A licence is required for each property that a landlord wants to rent, charged at £780 per property. However if you require any documentation outlined in the list above, additional charges will also be applicable.
What happens if I do not apply?
Failing to apply for the Nottingham Selective License can result in fines of up to £30,000 and so it is imperative to ensure whether your home is in one of the designated areas. The council are actively checking land registry and council tax records to ensure landlords are adhering to the new rulings. If you are currently working with a property agent, they should be able to offer any advice or assistance required.
