It has finally been announced – Mandatory licencing under Rent Smart Wales starts on the 23rd November 2015. The time for action is now, so what do you need to do?
A great deal has been said about the legislation. It will essentially place new duties and legal responsibilities on landlords and agents across Wales in a bid to improve housing standards in the private rented sector. While some details and specifics are still being finalised, the key elements are these:
- All landlords MUST register their details and those of any rental properties they own with Cardiff Council’s Rent Smart Wales Team (Cardiff will be administering the scheme for the whole of Wales)
- All landlords who undertake “defined letting or property management” must hold a licence. This means if you have virtually anything to do with your property, you must hold a licence!
- Licences are only issued after attending a day’s training, declaring yourself as a “fit and proper” person AND paying the yet to be determined Fee
The GOOD NEWS is, you can avoid the hassle of all the above, simply by using a trained, licenced letting agent!
We are trained to the necessary level, are members of the National Approved Letting Scheme, The Property Ombudsman and hold Client Money Protection Insurance. Moreover, we are part of an organisation with 40 years’ experience in tenancy management. We pride ourselves on being at the forefront of legal compliance and operate a business model based on transparency, honesty and fiercely competitive pricing. The icing on the cake – 100% of our profits are re-invested into the local community.
We have 100% Landlord retention to date so why not give us a try – We can take the worry of the new legislation while taking the stress out of lettings.
See what our customers say about us here - https://plus.google.com/109302747716134499912/about or more about us and how we are a break from the norm here www.adorecardiff.co.uk
We have already had two landlords switch to our competitive, comprehensive, full management service to stay ahead of the curve – If you have questions or concerns, why not see what we can do for you? Email firstname.lastname@example.org or call 0300 5000 601