Rent Smart Wales has published fresh data on enforcement and has also updated it guidance around a rule when it comes to landlords who live far away from their rental property.
The data looks at Rent Smart Wales enforcement up to January 2019. It reveals that in total there has been nearly 500 fixed penalty notices issues across Wales, with 62 convictions.
As of January 2019, the most common reason for the issue of a fixed penalty notice was because the landlord had failed to obtain a licence.
It comes as last month, a Cardiff landlord was ordered to pay a £20,000 fine for failing to obtain licences and to let and manage those properties to let with Rent Smart Wales. The landlord was found guilty of 124 offences.
Tightening-up of the 200-mile rule
The “two-step rule”, introduced in May last year, has also been tightened up, with Rent Smart Wales updating guidance on this. Since last May it has been a requirement that landlords who who live outside of England, Scotland and Wales or 200 miles or more from their rental property are required to appoint a local* agent unless they have a locally based* staff member, formally employed on a contract of service.
What has changed now is that Rent Smart Wales have announced that landlords cannot appoint another landlord who lives nearby to help with this-and that an agent must be appointed.
- You can read more data from Rent Smart Wales here.
- The RLA runs several Rent Smart Wales training courses. This includes our e-Learning course Rent Smart Wales Agent Licensing and our e-Learning course Rent Smart Wales Landlord Licensing. There are also two classroom courses this year on Rent Smart Wales, in Cardiff and Llandudno. You can sign up to this here.