London landlords and letting agents have faced fines exceeding £900,000 in the first half of 2023, according to Kamma, a geospatial technology company specializing in compliance monitoring in the private rental sector.
This year is expected to set a record for fines, with local authorities in Greater London issuing a total of over £9 million in fines. Since December 2022, fines amounting to £909,550 have been imposed, nearly reaching the total fines recorded throughout 2022. In 2023, over 20 new schemes and consultations have been introduced across the UK, with five specifically in London, including Ealing, Newham, and Kensington and Chelsea.
With upcoming schemes in Redbridge and Brent, the trend of increased enforcement is anticipated to continue. Currently, four out of five London boroughs have implemented additional or selective licensing measures. Camden council leads in terms of enforcement cases, followed by Newham and Waltham Forest, with a combined total of over 1,000 cases against landlords and agents.
Notably, Waltham Forest issues fines averaging over £8,000, nearly twice the amount of Camden. Kamma’s CEO, Orla Shields, predicts that fines in the capital will surpass £9.4 million by the year’s end. It emphasizes the importance for smart letting agents to prioritize compliance to safeguard landlords’ financial and reputational interests.
London Landlords and Letting Agents
London landlords and letting agents have faced fines exceeding £900,000 in H1 2023, per Kamma. This year, local authorities in Greater London have issued over £9 million in fines, including £909,550 since Dec 2022, almost matching 2022’s total. The UK introduced 20+ schemes and consultations, five in London (Ealing, Newham, Kensington and Chelsea).
Upcoming schemes in Redbridge and Brent will continue the enforcement trend. Four out of five London boroughs implemented additional or selective licensing. Camden council leads in enforcement cases, followed by Newham and Waltham Forest, with 1,000+ cases against landlords and agents. Waltham Forest imposes fines averaging over £8,000, nearly double Camden’s. Kamma’s CEO forecasts fines in the capital to exceed £9.4 million by year-end. Compliance is crucial for letting agents to safeguard landlords’ financial and reputational interests.
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