Harringay, Haringey - So Good they Spelt it Twice!
Croydon goes for the Newham landlord licencing model
ie all private landlords need a licence, and the licence fee pays for the cost of inspectors. In this case, £350 for five years for early applications, £750 if late. £20k fine for failing to register.
I know Haringey is watching the progress of the Newham scheme with interest, it's being seen as a pilot by many. How long before it comes here? £1.35 a week seems like a reasonable amount to declare yourself right and proper.
Replies to This Discussion
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Permalink Reply by John McMullan on
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Per property? One local landlord is trying to dump 150 properties as carefully as they can onto the market.
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Permalink Reply by pamish on
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Per property, on the Croydon scheme. So £200 pw for your mystery flogger, the income from one room.
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It's actually one of the estate agents on Green Lanes... Starts with A.
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I wish I knew. I can't think of anything better to do with pots of Yuan at the moment. By better I don't mean "better".
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Permalink Reply by Justin Guest on
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I would have thought that if you owned 150 rental properties that would leave you pretty exposed to the London property market. I assume they are all in the Harringay/Haringey (dare I say it) location. If so, you are even more tightly geared to the housing market in this corner of the world.
Also, if you own 150 properties there is a fair assumption that it has taken you a few years to get this far (heaven knows how long it takes to get a hotel in Monopoly…). So, the owner is likely to be getting on a bit.
150 at the best part of £500k per… Thats a lot of dough tied up.
Time to cash in your chips and think about retiring would make sense to me...
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Not if he owns them through an offshore registered company.
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