If you own a property in Wales and rent it out, or act as an agent for someone else who does, then you should already be aware of the Rent Smart Wales scheme.
It is a new central database and licensing body covering rented property in Wales. It is designed to ensure that all rented properties are compliant with the Housing (Wales) Act of 2014. You should also be aware that the final deadline to register is November 23.
By that date everyone covered by the legislation will need to be registered and licensed as a landlord or a landlord’s agent. To be licensed you will also need to complete a training course based on part 1 of the Housing (Wales) Act 2014.
Registering for Rent Smart Wales
Existing landlords will previously have been part of the Landlord Accreditation Wales Scheme (LAWS), but you will still need to register under the new scheme even if that is the case. Your information will have been transferred over to the new database and a new personal user account created in your name. As such, you should have received an email from Rent Smart Wales to notify you of this, assuming your contact details were up to date. Obviously, new landlords or landlords buying property in Wales for the first time will also need to register and apply for a license.
Landlord training course
If you completed LAWS training before August 6 2015 then you’ll still need to complete an online top-up course. This can be accessed via your user account. It was free until June 29 2016, but will now need to be paid for. There’s also an equivalent top-up training course for agents. Both landlords and agents will need to complete their training in order to be licensed.
What does it cost?
Registering online costs £33.50, but if you send off for a paper application it will cost you £80.50. This is per registration, not per property. Once you’ve registered and completed your training you will be granted a license to operate as a landlord (or landlord’s agent) in Wales for the next five years. You are legally bound to keep all your details updated and to inform Rent Smart Wales of any changes that occur during that period.
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