Housing (Wales) Act 2014

If you own residential property in Wales that you let out, read on…

This Act came into force on 23 November 2015 and applies to all owners of residential property in Wales being let for financial reward under assured, assured shorthold or regulated tenancies. All such properties must be registered with the appropriate local authority. The Act applies to owners who may not, themselves, reside in Wales.

Additionally if owners wish to manage – or continue to manage – the property(ies),   they must  become licenced. In most cases, this applies to all joint owners, partners and companies. Licencing is achieved on successful completion of appropriate training and lasts for five years.  Registration and licencing have to be completed by 23 November this year.

If the necessary certification has not been gained by this date, future management must be handed over to a qualified Management Agent.

The scheme is operated by RentSmart Wales and registration and licencing involves the payment of fees.  There are numerous training providers with courses being held throughout Wales.

Tenants will have access to a number of services from RentSmart including the ability to check licencing details and receive guidance on their rights and obligations and what they can/should expect from their landlords.

Don’t be caught out, fines of up to £1,000 can be imposed.

Helpful information, including a comprehensive ‘frequently asked questions’ section, can be found at www.rentsmart.gov.wales or by telephone on 03000 133 344.