Licensing is something investors need to think carefully about when they target London. The rules differ by borough and mean licences are required for different properties in various areas. It’s vital to check the requirements and consider costs and responsibilities. Critically, Islington’s newest scheme comes into force next month. We want to have a closer look at it here so you know what to expect. Then, if you want to arrange guaranteed rent in Islington, you can trust us.

Licensing in Islington

There are several different licence requirements in the borough. Firstly, HMOs with three or more people from two or more households need one. The additional licensing scheme here was introduced at the start of Feb this year, running for five years. So, if you have a HMO anywhere in the borough, you need a licence.

Back in May 2024 Islington Council’s first selective licensing scheme came into force. The goal was to improve the standards of housing in three areas; Finsbury Park, Hillrise, and Tollington. These were wards identified as having high levels of deprivation and issues with rogue landlords leaving tenants in unsafe, poorly managed homes. As a result, property owners had to get licences for private rental homes.

From 23rd November 2026 the second selective licensing scheme in Islington will be live. This covers seven wards; Barnsbury, Caledonian, Highbury, Junction, Laycock, Mildmay, and Tufnell Park. The council is looking to protect renters in these areas and tackle rogue landlords. Speak to us about guaranteed rent in Islington and more.

What to do?

The Council is advising all property owners in the seven wards to arrange licences before the scheme comes into force. There can be major penalties for failing to get a licence. It’s important to be careful too because there could be massive fines for errors like applying for the wrong licence.

It’s also important to ensure you understand what the council requires of properties. Homes must meet minimum standards for key things like safety, security, state of repair, and waste management. Ultimately, there should be more transparency and protection for tenants.

Additionally, it is crucial to keep in mind that there is a public register for landlords. It means tenants can check licences online and have the power to notify the council if a landlord does not have one.

Ask us about guaranteed rent in Islington

Every private landlord needs to think about licensing and ensure they do the right things. However, it is also a good idea to consider alternatives. We can help, providing advice about rent guarantee schemes in various parts of London. Councils have them to gain access to more homes they can use to accommodate local people. They can be a really attractive option, easier than private rentals and providing consistent payments with no breaks.

If you want to explore guaranteed rent in Islington or other areas, feel free to contact us. It’s our pleasure to share our knowledge and provide support. Then, if you do want to proceed, we can do it all for you and ensure you get payments consistently.