The Welsh Government has launched the ‘Rent Smart Wales’ brand ahead of introducing licensing of all private landlords in the Autumn. However, there is still no confirmation of the date from which the scheme will be live.
Welsh Housing Minister, Lesley Griffiths, said: “We know approximately 184,000 homes in Wales – around one in seven – are now privately rented. With so many people renting, a strong sector with good working practices is absolutely essential.
“The new legislation we are introducing will not only improve the situation for tenants – informing them of their rights and responsibilities – it will also help good landlords by improving the sector’s reputation.
“When Rent Smart Wales is introduced this autumn, it will provide a simple way for landlords to register and for them and their agents to become licensed. Ahead of the changes, I encourage landlords and agents to subscribe to register their interest and to receive useful news and updates.”
The scheme will require landlords to register their properties and undertake training to obtain a licence, should they wish to self-manage. Letting and management agents will also be required to become licensed and may take on management of properties if landlords do not wish to become licensed themselves.
We're excited to announce that we're working on building a shiny new website for readers of Landlord Today! As part of this process, commenting on articles will be temporarily disabled. We look forward to sharing our new and improved Landlord Today website with you shortly!