Should I sell or risk tenants buying at undervalue price?9:08 AM, 25th September 2019
About 3 weeks ago 48
Nottingham Selective Licensing are sponsoring the local Nottingham Carnival this year. I believe this is being paid for out of the money raised from Landlords via the Selective Licensing Scheme.
Now the government rules regarding Selective Licensing Schemes is very clear in that they are not allowed to make a profit from the money raised. So far it would appear that most of the money raised has been spent on paying the 70 or so staff who otherwise might have been made redundant during the austerity crisis, by employing them to process the applications.
Now they are spending the money on a music and dance carnival parade. Maybe some of their staff will be paid to attend the carnival, hand out a few leaflets regarding the good work that they are doing, and maybe have a dance and a ‘good ole time.’
Be under no mistake, these schemes are about councils raising money to fritter away without actually doing much work at all to improve housing conditions.
If they simply took the money to build an additional 90 new council homes, then I would feel less aggrieved than sponsoring a carnival. (15000 licenses at £780 each, estimated build cost £130k per home is 90 homes.)
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