As many of you will know following on from this consultation, last month Greenwich Council decided to implement additional licensing for HMOs throughout the borough. The new rules will come into effect on 1st October this year.
So what is changing?
Currently both Bexley and Greenwich boroughs operate the mandatory licensing scheme which also applies throughout the whole of England and Wales
Mandatory licensing applies only to certain types of HMOs and means you will need an HMO licence if your property:
- Is three of more storeys high (a storey includes basement, loft conversion and any storey comprising business premises);
- Contains five or more people in two or more households; and
- Contains shared facilities such as a kitchen, bathroom or toilet.
Additional licensing means that smaller HMOs in the Greenwich borough will now also need to be licensed. This includes house or flat shares occupied by 3 or more people who are not related.
Licensing fees are also set to rise from the current £144.23 per bedsit or room to £377. Which according to London Property Licensing is the second highest in London.
There are proposals by the council to grant a 50% discount for early applications so it really could pay to act sooner rather than later.
If you are still unsure if this will effect you I would recommend visiting this article on the London Property Licensing site and if you would like further assistance take a look at their license application service. There are a lot of things to consider when applying for a licence and it makes sense to get it right first time. Fortunately we have one of the leading experts on property licensing based right here in the Greenwich Borough.
If you decide to do things yourself then the Royal Borough Of Greenwich website is here.
If you are going to be affected by this change or are thinking of investing in the area and would like to chat drop me an email at email@example.com