Landlord Licensing in Wales
From 23rd November 2015, landlords and agents must become registered and licensed via Rent Smart Wales. Landlords must register and are able to do so from this date. Landlords have 12 months in which to comply with the new legislation so should be done before 23rd November 2016 and the registration will be valid for a 5 year period from this date.
It is intended that the legislation will result in:
Improved standards of letting and management practice in the private rented sector.
Information on properties available for tenant verification.
Information on landlords and agents available for local authorities to assist with
strategic intervention and dissemination of information.
Raised awareness by landlords and agents of their respective right and responsibilities.
In turn, raised awareness by tenants of their respective rights and responsibilities.
With the introduction of this new legislation landlords and agents must comply and become registered and licensed via Rent Smart Wales. This will mean that;
all private landlords who have rental property in Wales must register themselves and the address of all of their rental properties in Wales
Landlords who undertake defined letting or property management activities at a rental property in Wales must become licensed. If a landlord instructs an agent to do such work on their behalf, it is that agent who must become licensed.
In order to get a license a person must be adequately trained, and also declare themselves fit and proper
Licensing training will be offered through Rent Smart Wales or people can choose Rent Smart Wales approved training course delivered by other authorized training bodies
Cardiff Council will administer the new legal system and register landlords and grant licenses. After the initial year of operation from November 23rd 2016, the full range of enforcement powers of the Housing (Wales) Act 2014 (such as fixed penalty notices and prosecutions) will be introduced. From this date landlords and agents found to be ignoring their new obligations will have action taken against them by local authorities and the licensing authority.
The new legislation and Rent Smart Wales will replace the existing voluntary Landlords Accreditation Wales Scheme, which has been operated by Cardiff Council on behalf of all local authorities in Wales.
Those landlords whose properties Chris Davies Estate Agents manage will not need to do anything further than register as we will hold the licence on their behalf. The cost of registration is £33.50 (online only) and please ensure that you name Chris Davies Estate Agents as your managing agent.
This cost is for each landlord registration, no matter how many rental properties in Wales are included in the registration. A separate registration must be done for each landlord arrangement a landlord is part of; so if a landlord was registering some properties in sole ownership, some as part of a joint landlord arrangement and also some in company ownership this would be three separate registrations, so three fees would be payable.
A higher fee is charged for a paper application as it takes more time for Rent Smart Wales to process.
Please refer to https://www.rentsmart.gov.wales/ for full detailed information on how to register and 'Frequently Asked Questions'.
If you have any questions please contact Dawn (ARLA Qualified Manager) on 01446 791967 (or out of hours 07876 747444) or email email@example.com