Legal & Regulations
Selective Licensing
Licensing scheme for all private rentals in designated areas
Full Definition
Selective licensing requires all private landlords in designated areas to obtain a license, regardless of property type. Councils introduce these schemes to improve housing standards. Check if your target investment area has selective licensing in place, as this adds costs and compliance requirements.
Related Terms
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EPC (Energy Performance Certificate)
Rating of property's energy efficiency from A-G
MEES (Minimum Energy Efficiency Standards)
Minimum EPC rating required to legally rent property
Article 4 Direction
Planning restriction on converting properties to HMOs
HMO Licensing
Legal requirement for renting to multiple households
AST (Assured Shorthold Tenancy)
Standard tenancy agreement for private rentals
Section 21 Notice
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