Life is changing for landlords in Wales because of the Wales Housing Act affecting all areas of the private rented sector in Wales. Since 2015 all landlords have to register their details with Rent Smart Wales and those involved with any aspect of managing their properties will require a licence. The need for help and support from the RLA has never been greater.
- Landlords who manage and perform maintenance on their properties in Wales now have to pay over £250 to be compliant with the Housing (Wales) 2014 Act.
- In certain circumstances landlords could soon be prevented from successfully using a Section 21 If you rent and manage properties under separate names/corporate entities, you will need to obtain multiple licences.
- Already paid for an HMO licence? Now you need to have another on top! The Welsh Government are planning to allow local authorities to introduce Additional HMO Licensing without any public consultation.
- You may be liable for any water debt if you haven’t registered a tenant’s full name and date of birth with the water company, then
- Licensing isn’t the end of it, there more is to come!
At the RLA we do not think you should face all these challenges on your own. The RLA was established by landlords and is run by landlords for the benefit of landlords.