You are here: Home - Buy to Let - News -

Rent Smart Wales start date announced

0
Written by:
23/10/2015
Landlords in Wales will be subject to a new licencing and regulatory regime from 23 November 2015.
Rent Smart Wales start date announced

Rent Smart Wales imposes registration and licensing requirements on landlords under Part 1 of the Housing (Wales) Act 2014.

The new law will mean everyone who owns and rents out private property in Wales will have to register with the central licensing authority via Rent Smart Wales. All managing landlords and agents will also have to obtain a new type of licence.

Landlords who need to register, and landlords and agents who need to become licensed, will be able to register and apply for a licence from 23 November.

They will have 12 months from 23 November in which to comply with the new legislation. During this first year there will be a focus on raising awareness of the new requirements and encouraging compliance.

The Welsh Government says Rent Smart Wales will improve the image of the private rented sector. It aims to benefit people who rent their home in the sector and improve the practices of landlords and agents and help to tackle the bad practice amongst some private landlords.

Further information is available at www.rentsmart.gov.wales

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Your Mortgage Guides

Your Mortgage Award Winners 2020-2021

Download our guide to the best mortgage lenders in the UK

Read More >

+