Selective Licencing is coming back
Great Yarmouth Borough Council have decided that selective licencing should be reinstated and expanded over a wider area.
The proposed area would cover the majority of Great Yarmouth and will bring additional costs for Landlords (licence fee to be in excess of £700) and additional responsibilities with no tangible benefit.
Many landlords would certainly look at the last incarnation of licencing scheme and question the success of the outcomes it set out to achieve.
Within the industry many are looking at this and wondering how many more straws can local and national government add to landlords backs. This, if actioned, would come into force shortly after the Renters Rights Act becomes law. Landlords will then start to prepare for tax changes in 2028 and EPC changes in 2030. Only time will tell how many landlords decide to sell up and invest elsewhere.
The council are going through a consultation process, therefore any landlord has the right to their say on this matter, please see https://have-your-say.great-yarmouth.gov.uk/selective-licensing-consultation .