A member recently contacted us to say that they were planning on moving abroad to live in a few months time, hundreds of miles away from their two rental properties in Wales.
They wanted to ask whether they had to do anything with regards to the properties when they move abroad, as they had heard from a landlord colleague that they had to now get an agent to look after their properties. They phoned our Landlord Advice Team seeking clarification.
Our advisor was able to inform this landlord about a law change in Wales on 21stMay 2018, which states that landlords who live 200 miles away from their property or more, MUST appoint a local* agent unless they have a locally based* staff member, formally employed on a contract of service.
This rule was bought in Rent Smart Wales, and Landlord Advice Team manager, Rupinder Aujla, said: “It is important that landlords are aware of what they must do if they leave the country”.