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Croydon Landlord License - £750 for 2 months!

adam5609
Posts: 9 Forumite

I'm looking to rent my house out and have discovered that Croydon council requires me to have a landlord licence. I believe the money raised goes toward helping the council ensure tennants receive a certain quality of property from their landlord which I think is great. The licence is £750 for five years which seems fairly reasonable. However, the website says that the will not pro rata and licence covers fixed dates - October 2015 to September 2020. Therefore it looks as though I'm going to have to pay £750 for renting my house of for two months and then another £750 in September for the next five years. I can't believe they won't take the fact there is such little time remaining of this periods license into account and simply pro rata it! I've no idea whether this is legal or not - does anyone on here know or do they have any experience of the Croydon licence? As far as I know it's the only council that makes landlords pay the fee. Thanks all.
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Comments
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And I complained at just renewing my Landlord Registration with the Highland Council at a cost of £81 for three years.
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Don't let the property until after September?7
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davidmcn said:adam5609 said:As far as I know it's the only council that makes landlords pay the fee.0
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I don't believe that you have any other options. It is, however, one of the fees that you should have built into your financial projections before deciding to start a residential lettings business.3
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Slithery said:I don't believe that you have any other options. It is, however, one of the fees that you should have built into your financial projections before deciding to start a residential lettings business.0
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What happens if you don’t have a licence for the first two months?I'm a Forum Ambassador on the housing, mortgages, student & coronavirus Boards, money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.1
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Its a 5 year trial scheme.
It doesnt lool like ypu have a choice all the literature i really clear on it.
Does seem a bit odd but it was designed to be a five year scheme. Then to be reviewed.
Nice little money maker for them
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