After our August meeting, many members are planning to shut down their HMOs and will need to regain possession of the property. This article outlines some of the implications and costs for all involved – imagine a blancmange hit by a cricket bat. Sadly, tenants form the blancmange... And councillors and their staff are responsible for the mess.
PDPLA Rejects Additional Licensing
Well it is obvious we would not vote for it - but it is not the extra regulation, cost or bureaucracy that we are objecting to, it is the fact that the current proposals will make 1,000-1,500 people homeless and the impact on the city and across the council, in terms of rehousing the most vulnerable, the burden on Adult Social Care and many other groups, as well as the impact on local rents and house prices cannot be justified by this action.
Portsmouth Tightens HMO Rules
As expected, Portsmouth Councillors have voted to implement new, stricter HMO standards and enforcement policies applicable to existing licensed HMO's starting today (1st Dec 2022) and to extend this to ALL HMOs in the city by September next year (2023).
Hundreds of Portsmouth Residents Face Eviction
When the details of the LibDem inspired Additional HMO Licensing Scheme in Portsmouth were announced we surveyed our members. 2 out of 3 respondents plan to leave the Portsmouth HMO market this year, reducing their portfolios by 348 rooms – extrapolated to the whole Portsmouth market, that could easily see 1,000 less homes in the city by year end.
Many landlords are deciding to leave the shared housing market, but barriers to entry likely mean they can never be replaced. Once lost, rooms in shared housing are gone forever.
Small HMO Licensing: Nearly But Not Yet...
If you are one of the few landlords who still has 3 or 4 bed HMOs in Portsmouth, you will need to get an Additional Licence if you wish to continue to do so. The scheme starts in September but our advice is not to apply now, but to wait until later in the year - you have until December to apply without penalty and it could save you thousands.