UPRNs: No more hiding from tax, regulation and licensing for landlords!
The government-backed organisation that is managing the roll-out of Unique Property Reference Numbers (UPRNs) has revealed how the initiative will impact landlords and rented property.
GeoSpace, which is a joint venture between government and industry, was created in 2011 to digitise the built environment and help both local and national governments put together a unique list of every address in the UK.
After many years of work UPRNs are emerging from the realm of local authorities, which use them internally, into the wider world including the private rental market.
But landlords should understand that this will make their activities, and their properties, much more transparent to both tax, regulatory and licensing authorities.
Property MOT
This is the conclusion of Geoplace chief Nick Chapallaz (pictured, above), whose organisation is backing the efforts of The Lettings Industry Council to create an MOT-style record for every property within the PRS.
“One element of this is to check whether a property has a valid energy performance certificate (EPC), and the identifier can be linked to this and to gas and electricity meters as part of the validation,” he says.
“It also enables local authorities to cross-reference needs for social services with rental properties, to identify landlords who are avoiding their responsibilities for essential repairs, and helps HM Treasury identify those who are not registered for tax.”
But while some rogue operators will not welcome this kind of digital snooping, it will help drive huge improvement to the lettings process for estate agents and compliant landlords.
Theresa Wallace (pictured), chair of TLIC, says UPRNs will bring down costs by making property management much easier by connecting a host of services to a property via one number.
This will include EPC providers, gas engineers, electrical contractors, CRM systems, deposit protection providers and ombudsman schemes.
What is a UPRN?
It’s a unique 12-digit number that is unique to every address in the UK. For example, No.10 Downing Street is UPRN 100023336956.
©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – UPRNs: No more hiding from tax, regulation and licensing for landlords! | LandlordZONE.
View Full Article: UPRNs: No more hiding from tax, regulation and licensing for landlords!
Post comment
Categories
- Landlords (19)
- Real Estate (9)
- Renewables & Green Issues (1)
- Rental Property Investment (1)
- Tenants (21)
- Uncategorized (11,861)
Archives
- November 2024 (52)
- October 2024 (82)
- September 2024 (69)
- August 2024 (55)
- July 2024 (64)
- June 2024 (54)
- May 2024 (73)
- April 2024 (59)
- March 2024 (49)
- February 2024 (57)
- January 2024 (58)
- December 2023 (56)
- November 2023 (59)
- October 2023 (67)
- September 2023 (136)
- August 2023 (131)
- July 2023 (129)
- June 2023 (128)
- May 2023 (140)
- April 2023 (121)
- March 2023 (168)
- February 2023 (155)
- January 2023 (152)
- December 2022 (136)
- November 2022 (158)
- October 2022 (146)
- September 2022 (148)
- August 2022 (169)
- July 2022 (124)
- June 2022 (124)
- May 2022 (130)
- April 2022 (116)
- March 2022 (155)
- February 2022 (124)
- January 2022 (120)
- December 2021 (117)
- November 2021 (139)
- October 2021 (130)
- September 2021 (138)
- August 2021 (110)
- July 2021 (110)
- June 2021 (60)
- May 2021 (127)
- April 2021 (122)
- March 2021 (156)
- February 2021 (154)
- January 2021 (133)
- December 2020 (126)
- November 2020 (159)
- October 2020 (169)
- September 2020 (181)
- August 2020 (147)
- July 2020 (172)
- June 2020 (158)
- May 2020 (177)
- April 2020 (188)
- March 2020 (234)
- February 2020 (212)
- January 2020 (164)
- December 2019 (107)
- November 2019 (131)
- October 2019 (145)
- September 2019 (123)
- August 2019 (112)
- July 2019 (93)
- June 2019 (82)
- May 2019 (94)
- April 2019 (88)
- March 2019 (78)
- February 2019 (77)
- January 2019 (71)
- December 2018 (37)
- November 2018 (85)
- October 2018 (108)
- September 2018 (110)
- August 2018 (135)
- July 2018 (140)
- June 2018 (118)
- May 2018 (113)
- April 2018 (64)
- March 2018 (96)
- February 2018 (82)
- January 2018 (92)
- December 2017 (62)
- November 2017 (100)
- October 2017 (105)
- September 2017 (97)
- August 2017 (101)
- July 2017 (104)
- June 2017 (155)
- May 2017 (135)
- April 2017 (113)
- March 2017 (138)
- February 2017 (150)
- January 2017 (127)
- December 2016 (90)
- November 2016 (135)
- October 2016 (149)
- September 2016 (135)
- August 2016 (48)
- July 2016 (52)
- June 2016 (54)
- May 2016 (52)
- April 2016 (24)
- October 2014 (8)
- April 2012 (2)
- December 2011 (2)
- November 2011 (10)
- October 2011 (9)
- September 2011 (9)
- August 2011 (3)
Calendar
Recent Posts
- Why Do You Really Want to Invest in Property?
- Demand for accessible rental homes surges – LRG
- The landlord exodus is fuelling a rental crisis
- Landlords enjoy booming yields – Paragon
- Landlords: Get Your Properties Sold Fast and Cash in the Bank before the New Year!