Are you aware that from 23rd November 2016 all landlords in Wales must be registered with Rent Smart Wales?
Rent Smart Wales process landlord registrations and grant licences to landlords and agents who need to comply with the Housing (Wales) Act 2014.
In order to register, a landlord must provide accurate and up-to-date information about themselves and their rental properties in Wales.
A landlord must include the address of all rental property they own in Wales. This will be the address of all dwellings (buildings, or part of a building, occupied as a separate dwelling) which are subject to, or marketed, or offered for let under a domestic tenancy. Only dwellings rented on assured, assured short hold or regulated tenancies are required to be part of the register. These are the main types of tenancies used to rent out properties privately in Wales.
A landlord’s registration lasts 5 years after which time they must re-register. During the registered period a landlord must keep the information within it up to date. By law, certain changes in information must be notified.
- Any change in name; correspondence address; contact telephone number; e-mail address or other contact information provided as part of the registration
- Any change (either that someone has started or ceased) to undertake letting or management at the registered rental property (for which they would need a licence from Rent Smart Wales)
- Any changes of interest the landlord has with the rental property (i.e. if they sell a registered property)
If a landlord acquires another property subject to, or marketed or offered for let under a domestic tenancy in Wales they are obliged to add it to their registration. A landlord has 28 days to do this.
You can register as a landlord through the Rent Smart website www.rentsmart.gov.wales; you simply need to create an account and work through the on-line process. A landlord must complete the registration themselves; an agent or another person who is not the landlord cannot do it on their behalf. We, as your managing agents, require this registration number to continue to manage your property.
Please follow the link to the website www.rentsmart.gov.wales for more information and registration. Once you have registered you will be given a number, we will require this for our files.
All Lettings Staff at MGY are Rent Smart trained and are able to offer you related help and advice, please call 029 2047 5191.