The start of 2023 has been another busy period for property licensing and enforcement. In total over eight new licensing schemes were launched in the last three months and many more are still to come later in the year. In fact, Kamma has today reported that 2023 is on track to be the biggest year on record for enforcement, nearly doubling the fines recorded in 2022. Last year Kamma reported that the total fines for letting agents and landlords had increased by over £1 million pounds in 12 months, and with fines increasing by over half a million in just the first three months of the year, enforcement is now on track to increase by over £2 million in the coming year.
This month Kamma has published a Licensing report that summarises all the trends seen in the private rented sector including property licensing, enforcement and licensing fines in the last three months. This report gives agents an overview of all the latest schemes throughout the last quarter. We hope this report will provide agents with a good understanding of the current licensing landscape and help them keep up to date with new licensing scheme developments.
To download your copy now simply click below!
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.
Contact us or book a demo now to understand how Kamma can solve property licensing for you.