The fees for the Selective Licensing Nottingham scheme have increased as of 1st April 2020.
Prices now stand at £890 for a five year licence and £670 if you are an accredited Landlord. Accreditation can be sought from DASH or Unipol.
Why are Licencing fees rising?
Nottingham City Council claim that the initial set fees did not cover their running costs. They are not allowed to make a profit from the scheme.
Do I need a Selective License in Nottingham?
If you rent a property to tenants and it falls within the Nottingham City Council boundary then it is likely you need a Licence. You can check using this tool here.
If you do not comply then you could be hit with a fine of up to £30,000. Your tenant could also claim back all their rental payments, backdated from August 2018.
Any licensing questions?
If you have any questions about the scheme then we can help. Just email us on NSL@waltonandallen.co.uk and we’ll get back to you.