At Key Lettings, we have emerged as a pivotal ally for landlords navigating the new regulations in Peterborough's evolving landscape of the Selective Licensing Scheme. As an independent letting agent deeply rooted in Peterborough and its surrounding areas, we offer a unique blend of local expertise and landlord-centric services, making us an ideal partner in managing the complexities of the scheme.
We stand out with our dynamic, proactive approach to the lettings process. Understanding the stress and challenges landlords face, we offer tailored solutions designed to streamline the lettings experience.
Our services range from Fully Managed and Let Only to Rent Collection, catering to diverse needs and ensuring landlords find the best tenants for their properties.
The foundation of our company by landlords for landlords is a critical asset. This insider perspective means we understand what landlords seek from a letting agent and how to deliver it effectively.
We are committed to minimizing property vacancy times without compromising rental value, a balance crucial in the selective licensing landscape.
Maintenance and property upkeep, essential components of the Selective Licensing Scheme, are areas where we particularly shine. Our network of trusted, competitively-priced tradespeople ensures swift, high-quality maintenance work, keeping properties up to the required standards.
Additionally, our registration with The Property Ombudsman and UKALA underscores our credibility and professionalism. This affiliation guarantees landlords the best of both worlds: a corporate agent's reliability and assurance coupled with an independent agent's personalized service.
Partnering with us means having a dedicated, knowledgeable ally for landlords facing the Selective Licensing Scheme in Peterborough. From ensuring compliance with licensing requirements to managing tenant relations and property maintenance, we are equipped to provide comprehensive support, simplifying the process and safeguarding landlords' investments in this changing market.
Frequently Asked Questions:
What is the Selective Licensing Scheme in Peterborough?
This is a scheme requiring landlords in designated areas of Peterborough to obtain a license for their rental properties, ensuring they meet certain standards for tenant safety and property maintenance.
Who needs to apply for a Selective License in Peterborough?
Landlords who own rental properties in specific areas designated by the Peterborough City Council need to apply. These areas are typically where private renting is prevalent, and housing issues are more acute.
What are the requirements for obtaining a Selective License?
Landlords must prove they are 'fit and proper' to manage rental properties, ensure their properties meet safety standards, and comply with property maintenance and management guidelines.
How can Key Lettings assist landlords with the Selective Licensing Scheme?
Key Lettings can help landlords navigate the application process, ensure their properties meet all the required standards, and provide ongoing management to maintain compliance.
Are there any exemptions to the Selective Licensing Scheme?
Yes, there are exemptions, such as properties that already have a mandatory HMO license or properties occupied by the landlord or their family. Key Lettings can advise on specific exemptions.
What happens if a landlord does not comply with the scheme?
Non-compliance can result in significant penalties, including fines and potential bans on renting properties. Key Lettings can help landlords avoid these penalties by ensuring compliance.
Can Key Lettings manage properties that require a Selective License?
Absolutely, Key Lettings offers a range of services including Fully Managed, Let Only, and Rent Collection, all tailored to meet the requirements of the Selective Licensing Scheme in Peterborough.
How long is a Selective License valid in Peterborough, and what is the renewal process?
A Selective License in Peterborough is typically valid for five years. Landlords must apply for renewal before the license expires. Key Lettings can assist in tracking license expiry dates and managing the renewal process.
What are the fees associated with obtaining a Selective License?
Landlords who apply for a licence within 30 days of the Selective Licensing scheme becoming operative (i.e. within the first 30 days from the 11th of March, 2024):
Part A fee = £288
Part B fee = £320
Total fee = £608
All other applications for the duration of the Selective Licensing scheme becoming operative:
Part A fee = £538 Part B fee = £370 Total fee = £908
How does Key Lettings ensure properties comply with the safety standards required by the Selective Licensing Scheme?
Key Lettings utilizes a network of trusted tradespeople to ensure properties are maintained to the required safety standards. We conduct regular inspections and coordinate necessary maintenance and repair work, ensuring continuous compliance with the scheme's requirements.
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