Published 2nd June 2021
In May we saw an increase in the number of record fines handed out to rogue landlords and agents in several local councils. We could also see an increase in enforcement by local councils. This month, we continue to see new licensing schemes being introduced, with several more under consultation.
At Kamma, we understand that property licensing is complex, inconsistent, and ever changing. Our technology and software cuts through that complexity to keep you on top of all the changes with clear and accurate advice. We analyse and sort data to help agents, landlords and surveyors understand the impact of Property Licensing and Planning Permission on their properties and assets. We leverage technology and data to help agents and landlords stay on top of new property licensing schemes and avoid licensing fines.
A letting agent in Oxford signed a rent to rent contract in July 2019 and then issued individual tenancy agreements to unrelated occupants. When the local council visited the property they found it was occupied by 4 tenants and that the agent failed to comply with local licensing schemes needed for HMOs in the area.
The agent was fined over £11,000 for managing an unlicensed HMO, and for breaching several fire and safety regulations, including failing to provide adequate fire blankets and faulty fire doors.
Camden council recently secured a banning order against Simple Properties Management and agent Cabeo Cespedes, who in February were found guilty of operating an unlicensed HMO and breaching several safety regulations.
The previous hearing resulted in fines of £40,000 for the business and £30,000 for the agent. The banning order will take effect in about six months, and if breached can result in up to 51 weeks imprisonment, court fines and/ or a civil financial penalty of up to £30,000.
Following a council investigation, a landlord was fined £18,500 after the local council discovered he was operating an unsafe and unlicensed HMO with eight tenants living in six bedrooms.
They also discovered that the landlord had no written tenancy agreement with any of the occupants, would frequently collect rent in cash, and had failed to both provide rent receipts and protect their deposits as he is legally required to. The council found the landlord to have been financially motivated to ignore council warnings and to not comply with licensing requirements.
On the 4th June GlobalCapital broke the news that Kensington Mortgages had announced the UK’s first ever green Residential Mortgage-Backed Securitisation (RMBS), some five years after the world’s first launched in the Netherlands. The Dutch international cooperative bank Obvion, is a subsidiary of Rabobank – the Netherlands largest mortgage lending business, with a lending portfolio directed […]Read article
At Kamma we care about cutting through the noise and giving you the latest news and updates on property licensing. Each month, we give you a full rundown of the latest scheme announcements and property licensing news in the Kamma Property Licensing Update. To download your copy now simply click below! At Kamma, we understand that […]Read article
“Kamma has revolutionised the way we work” We recently sat down with Ellie Donaghy, Head of Lettings at Andrews Property Group, to hear what she had to say about her experience using Kamma: Solving property licensing for Andrews Andrews, as with many other agencies, have traditionally had to manually check local authority websites for any […]Read article
At Kamma we care about cutting through the noise and giving you the latest news and updates on property licensing. We are proud to be introducing our new monthly licensing report, which gives you a full rundown of the latest scheme announcements and property licensing news. To download your copy now simply click below! At Kamma, […]Read article
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