“My tenants will have to pay for licensing” warns landlord

About time someone said it like it is. 😉 Landlords are taxed on turnover, not profit, so an expense like this means rents go up! 👍

Gormless Gove will, of course, approve the scheme because he believes it will buy the faux-Tories a few votes.🤪 The man is delusional.

Just sold up in Scotland as I have had enough and will sell up in England when tenancies end.
In Scotland I was paying £85 every 3 years for a licence so why this proposal so expensive? Blatant money grab ! As always.

At least spelling it out informs the gormless public, that all the shouting at the wind about landlords will just up their rent 🤷‍♂️🤷‍♂️. Don’t we all up the rent 💵💵 this is a non story for all landlords.

£85, on obviously a typo if phone is not interfered with wouldn’t surprise me / £1600. in London.

All increases in costs are passed on to the customer what ever the business, the end user always pays

Yesterday a story about how rents were falling everywhere apart from 3 areas, one of which was the East Midlands. Nottingham introduced its 2nd round of SL on 1st Dec, so I would suggest the reason rents have bucked the trend here is because LLs are passing on the cost of SL - I certainly did!

More madness from Gove.!!

Tenant will end up paying more.

Any and all fees & costs, like these Licencing Fees, will go on the rent my Tenants are charged. As more Landlords pull out (and they are/will continue to do so) the supply will shrink even further & rents will soar yet higher! This type of counterproductive fee will exacerbate this exodus and ultimately the Tenants will suffer.

They'll just do what they did here in Scotland and put a ban on rent increases etc so the landlord will not be able to pass on the fees.

Would it be possible to put conditions in the lease to break the rent down into rent and other direct charges. If a licence fee is then charged the tenants will see the direct effect on their pocket

Whilst rents maybe higher the cost per tenant will be relatively minor so should not be significant and the advantages should translate into safer properties being regulated assuming they get inspected by officers as opposed to desktop Licencing. Can’t see the issue if tenants want safe properties and landlords are keeping their properties well maintained in consideration of Housing Act Part 1 and the other Regulations such as Electrical Safety and HMO Management Regs 2006 and RRO 2005 (if applicable).

Cry me a river.

Licensing fees and inspections all add costs to LL's and all costs get passed on to tenants, its really that simple.

Take the example of when the government outlawed tenants paying agency application fees, these now having to be paid by landlords. The application fee ban resulted in rents in my area increased by around £100 per property per months to cover the LL now having to pay the application fees, the application fees were typically around £1200 at the time. This was an own goal by tenant lobby groups and government as the average tenancy is typically 36 months, so they exchanged a one time application fee of around £1200 for a rent increase of £100 per month, which equates to £3600 over a typical 36 month tenancy.

More regulation more rules, more taxes, more cost, all get passed to the tenants, LL's have no choice but to pass on the costs incurred. The only other option is to get out of the PRS reducing available properties for rent, which also has the effect of pushing up the rental prices.

When are the government, tenant lobby groups and tenants themselves going to understand the simple economics of the supplier?

Jeremy Hunt, there’s an opportunity for you to scrap Capital gains tax in this Budget.
Martin Lewis said only 4% pay it, almost every one is able to mitigate the first £1’000’000. of C/gains tax . The ones that do pay it pays substantially more income tax than those or anyone else including 60% on there personal allowance but also house a great number of people. Of Course if they don’t want them housed that’s fine get on with it.
Any Estate valued over £2m have no Allowance’s full tax on the lot & that wouldn’t take much in London probably 4 Flats in outer London. So at a complete disadvantage for most input. Scrap this unfair tax on inflation now, (the tax is already paid).

The nature of the social contract is so out of kilter with the notion of private property being the subject of its owner and not the state, that this person is speaking almost apologetically, as though it is a surprise revelation that the PRS is a for profit business funded by its customers. The public realm has become a silly pantomime.

yep full agreed, if they want to increase costs, well, we all know where its going.

How can a "cold" room be a hazard? If the Tenant turns off the radiator in a room or as is more often the case, does not put the heating on at all to save money, that's not a hazard- thats a stupid Tenant.

The state are determined to 'kill the goose that lays the golden egg'. They can't get over the fact that the landlord needs to make a profit to stay in business and if they don't the 11,000 private renters will have nowhere to live and then the state will have to pick up the tab. Why not treat the private sector landlord with a bit of respect instead of like a bunch of brainless morons.

All the Iu cold are short- so easy way to get in one and can charge any amount they feel get away with. It be the norm everywhere soon. So watch out it’s coming if not already