New scheme 'will tackle unscrupulous landlords'
Original Article Summary
The policy in Great Yarmouth will see owners of rental properties pay charges of nearly £700.
PropMatch Curated Analysis
Great Yarmouth Borough Council introduces expanded selective licensing scheme covering 5,000 rental properties with £694 annual fee per property, aimed at tackling rogue landlords despite warnings from landlord associations about potential rent increases.
Investor Relevance
Direct financial impact of £694 annual licensing cost per property in affected areas, potential for similar schemes to expand elsewhere, and enforcement risk for non-compliant properties affecting rental yields and management costs.
Original Source:
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