Fines for rogue landlords and agents in London have surged past the £10 million mark.
With 19 council licensing schemes and consultations in London launched between New Year and April, the number of new measures introduced so far this year is 30% ahead of this time in 2023.
Nearly a third of all new schemes launched this year have been targeting London boroughs. Among the boroughs stepping up their efforts this month alone are Brent, Tower Hamlets, and Redbridge, each introducing additional or selective measures to combat rogue practices within the rental market.
Tower Hamlets, in particular, has disclosed over £1.2 million in financial penalties and rent repayment orders linked to unlicensed properties.
Redbridge Council has also revealed the results of its enforcement efforts from recent licensing measures, with 3,000 notices served and 76 prosecutions directly from their previous scheme. Meanwhile, Camden continues to lead in enforcement actions as the borough with the highest fines, recently announcing a hefty £350,000 penalty against an agency for failing to comply with a planning enforcement notice.
The data comes from PropTech firm Kamma which tracks fine updates through the Mayor of London’s rogue landlord’s database to determine total fines in the city.
Orla Shields, Kamma CEO comments: “The surge in fines and licensing measures across London are clear indicators of the growing seriousness with which regulatory compliance is being treated. This year’s record-breaking figures represent a strong stance against non-compliance for agents and landlords in London.”