There is just one week to go before enforcement of Rent Smart Wales begins, and with thousands of landlords still not registered or licensed.
From November 23 any landlord or agent who has not complied with their duties under Rent Smart Wales could face harsh penalties, which could cost them thousands in back rent and remove their ability to evict a tenant.
Worse still, many landlords who simply aren’t aware of Rent Smart Wales will find out the hard way once enforcement begins. Thousands of landlords and agents across Wales are set to be slapped with orders telling them to pay back cash – and their tenants told to stop paying rent.
RLA Cymru is now making a final call to landlords to make sure their properties are registered.
They are also being warned that if they carry out any management activities, they must become trained and licensed.
The RLA is arguing that, due to numerous failures within the Rent Smart Wales system the deadline for compliance should be extended. Those who already have a licence, will have it reset so that it expires five years from the new enforcement date.
Many landlords have struggled with the Rent Smart Wales scheme for number of reasons. However, many landlords face punishment because they simply do not know about Rent Smart Wales as the communication of the scheme has been so poor.
The RLA believes delaying the enforcement of Rent Smart Wales would be a sensible step to make sure those landlords who have been let down by this lack of communication aren’t unfairly hit with huge bills for non-compliance.
For more information about Rent Smart Wales you can view the RLA’s 1-2-3 guide here.
The RLA offers a range of accredited Rent Smart Wales training courses, find the right one for you here.