The name for the new Welsh Government licensing scheme for Landlords in Wales is Rent Smart. The aim of the legislation is to:
- Improve standards of letting and management practice in the private rented sector in Wales.
- Raise the awareness of Landlords, Agents and Tenants of their respective rights and responsibilities.
The deadline for registering for this scheme is Wednesday 23rd November.
How We Can Help – Hassle Free Property Management
CanDo Lettings are an ARLA-licensed Agent with fully qualified staff, so if we manage your property you won’t need to complete any licensing training. You will still need to register your property with RentSmart, but if you sign up to CanDo Lettings before the deadline we can help you to do this and will take care of everything else.
We are currently offering all new Landlords in Cardiff full management AND rent guaranteed for an incredible 6% + VAT per month (terms & conditions apply). There’s never been a better time to take the hassle out of property management and let us show you what we CanDo!
Purpose: Rent Smart Wales will replace the existing voluntary Landlord Accreditation Wales scheme, which has been operated by Cardiff Council on behalf of all local authorities in Wales.
Timescale: Registering Landlords and granting licenses will start from 23rd November 2015. A full year will be given before enforcement powers come in to force from Autumn 2016.
Registration: All private Landlords who have a rental property in Wales must register themselves and the addresses of their rental properties in Wales.
Licensing: Landlords who undertake defined letting or property management activities at a rental property in Wales must apply for a license. If a Landlord instructs an Agent to do such work on their behalf, it is that Agent who must become licensed.
Training: 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 to attend Rent Smart Wales approved training courses delivered by other bodies.
Enforcement: It is expected that enforcement will take the form of fixed penalty notices and possibly prosecutions for non-compliance.
If you are interested in finding out more please contact us on 029 2043 4434 or email@example.com
For more information on Rent Smart Wales visit their website here