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Property Licensing Guide for City of London

This free guide will provide you with the key details regarding what licensing requirements are necessary in this area and how to apply for a licence.

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City of London Property Licensing Schemes

Got questions about licensing schemes in the City of London? We’re here to help. This free guide will tell you the key details regarding what licensing requirements are necessary in the City of London, and how to apply for a licence.

Is manual compliance causing a headache for your agency? At Kamma, we specialise in automating licensing compliance for agents across the UK.

If you need any assistance in getting your property portfolio compliant, find out how we can help letting agents here.

Haringey Property Licensing

What are the licensing requirements for the City of London? 

Mandatory licensing in the City of London

Mandatory licensing is required in the City of London if your rented property is occupied by five or more people who form more than one household, including:

  • Shared houses and flats occupied by students and young professionals.
  • Properties converted into bedsits with some shared facilities.
  • Properties converted into a mix of self-contained and non-self-contained accommodation.

 

Do I need an additional property licence in City of London? 

Additional licensing expands the scope of regulation to smaller HMO’s, requiring that all HMO’s with three or more people from one or more households must obtain a licence. These schemes are implemented at the council’s discretion. 

The City if London do not operate any additional licensing schemes

Do I need a selective licence in The City of London?

Selective licensing requires that all privately rented properties in a given area must obtain a licence, regardless of the number of occupants or households formed. 

The City of London does not operate any selective licensing schems

How do I apply for a licence?

City of London Council has an online HMO licensing application process accessible here. For Kamma users, we offer a licence application service for City of London. Get in touch with us here to find out more.

How much does a property licence in City of London cost?

  • Up to 5 lettings – £450
  • 6-9 lettings – £600
  • 10-14 lettings – £750
  • 15-19 lettings – £900
  • 20+ lettings – £1,050

These fees are subject to change and are accurate as of October 2024.

Get instant access to compliance reports across all properties

Kamma uses data-driven technology to help landlords and lettings agents deal with complex licensing compliance effortlessly. Find out how Kamma’s software can keep you compliant across your portfolio.

  • Clear actionable advice for every property in your portfolio
  • Instant notification of any licensing changes affecting one of your properties
  • Access property licensing experts to manage the licensing application on your behalf

What happens if I don't get a licence in City of London?

Ignoring the law could result in prosecution by City of London Council, fines, court costs, and more. Ensure you comply with all regulations to avoid these risks. Fines for non-compliant agents can be up to £30,000 per non-compliant property, as well as rent repayment orders of up to 12 months.

If you’re concerned about unlicensed properties in your portfolio, book a free consultation today with one of our consultants to get a City of London property licensing check here. By keeping your properties in line with your region’s licensing requirements, you can maintain peace of mind that you won’t get burnt by non-compliance.

Frequently asked questions: 

Is City of London council planning on introducing any new licensing schemes?

No the City of London, is not planning on introducing any additional or selective licensing measures at the moment

Brent Property Licensing

About City of London

The City of London is a historic borough at the heart of London, often referred to as the “Square Mile.” It is the smallest borough in Greater London, both in size and population, but is globally recognized as one of the world’s leading financial centers.

The City of London is home to the Bank of England, the London Stock Exchange, and numerous global banks, insurance companies, and professional services firms. Steeped in history, it is distinct from Greater London’s other boroughs, with its own governance, known as the City of London Corporation, which dates back centuries. The area boasts landmarks like St Paul’s Cathedral, the Tower of London, and the Barbican Centre, along with a mix of modern skyscrapers such as The Shard and The Gherkin. Despite its business focus, the City is also a cultural hub with green spaces, museums, and an active events calendar.