WebJul 12, 2024 · How much is an HMO licence? The cost of an HMO licence is set by individual councils. It’s normally charged as a fee for applying, and will be non-refundable regardless of whether or not the licence is granted. For example, the cost of an HMO licence in Westminster, London, is £975, rising to £1,240 for self-contained flats. WebNew fee structure for mandatory HMO licences. On 31 March 2024 Birmingham City Council introduced a new fee structure for mandatory HMO licences, for both new applications …
Do I need a HMO Licence for my property? - Property Possibility
WebNov 7, 2024 · Usually it does, as some bigger properties are very difficult to let without an HMO licence, and each additional bedroom is worth £5,000-£7,000 per year. The £3,000-£4,000 needed to spend to obtain the licence is an initial investment, not a regular annual cost – which is significantly lower. So how much is the annual HMO related upkeep? WebFor example, the Oxford City Council charges £1,499 for the initial application by a new operator for a one-year HMO licence. The same licence can be renewed for another year … canadian to dirhams
Do I need a HMO Licence for my property? - Property
WebHMO licensing advice (per visit) £201: £215: Surcharge for provision of paper application form - new HMO licence: N/A: £240: Surcharge for provision of paper application form - … WebJul 1, 2024 · From 1st April 2024 Newport City Council will be charging £30.00 should the agreed person fail to show up for a pre-planned HMO inspection or who fails to provide us with 48 hours’ notice of a... WebOct 21, 2024 · What is a HMO Licence fee? The standard HMO licence fee is £1,100,split into two payments. For larger HMOs with more than ten units of accommodation the fee is increased by an extra £50 for each additional unit of accommodation in excess of ten. NB For very large HMOs there is a maximum fee of £6,000. How much rent do you get for HMO? canadian tire working hours today