Under the Housing (Wales) Act 2014, there are new legal obligations on Landlords who have rental property in Wales.
A Landlord who has a rental property in Wales which is rented on an assured shorthold or regulated tenancy is required to register. All registrations are done with Rent Smart Wales.
Landlords who are not involved in setting up tenancies or manage their rental properties do not need a Licence; however they must use a Licensed Agent such as Cornerstones. Landlords who do undertake letting and management tasks at their rental properties in Wales-self managed Landlords- are required to apply for a Licence.
Q. Can an Agent register a property on behalf of the Landlord?
A. No. All Landlords must register their property on line.
Basically all rented property must be registered with the Welsh Government before October 2016
Should the rented property be Managed by an Accredited Agent, then Landlords need not attend a training day course to become a Licenced Landlord
If the property is Managed by the Landlord, the government run training course must be attended for the Landlord to become Accredited and Licenced, to legally Manage their own property.
Cornerstones Offer Professional Letting Services for Landlords
Call us on 01267 237000
Or read more details
Letting Services for Landlords