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Rent Smart Wales Landlord Deadline Approaching

Welsh landlords have less than three weeks to register to be compliant with the Rent Smart Wales scheme.

All landlords of Welsh properties must have registered by November 23 says Charlotte George, MARLA, Head of Lettings at Balfours. She advises: “It doesn’t matter where the landlord lives, if they own property in Wales which they rent out, they must register. One of the aims of the scheme is to eliminate rogue landlords.”

“The good news is this is an easy process and can be done online, so I would urge anyone who has residential property in Wales to make that first step – which costs £33.50 online” she adds.

However those who self-manage, or are involved in any day to day management, have additional hurdles to comply with. Any landlord who conducts for example, viewings or arranges maintenance must be licenced. Charlotte explains: “That means attending a one day training course, with a test and certificate at the end of it.”

She continues: “I think for many landlords Rent Smart Wales is likely to be a watershed moment. As agents we are dealing with the protocol every-day and understand the implications inside out. At Balfours we have more than 40 staff licensed – and are dealing with tenanted property on a daily basis.”

The Rent Smart Wales scheme will raise awareness of the respective rights and responsibilities of landlords, agents and tenants. As agents providing our services to landlords, we will ensure that they remain one hundred per cent compliant, while eliminating the administration, stress and hassle that can come with the rental property market. Charlotte George can be contacted on 01743 277069.

If you own a residential property in Wales that you rent out for more than £250 per annum on an Assured, Assured Shorthold or Regulated Tenancy, visit the Rent Smart Wales website to register as a landlord.

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