The Rent Smart Wales deadline of November 23rd is looming, and time is running out for unregistered Welsh landlords!
Under the regulations, by the 23rd November, all landlords who own property in Wales must have registered themselves and their property addresses with the Rent Smart Wales scheme.
You must undertake training to prove that you are ‘fit and proper’ to be a landlord, pay the relevant fee (online fee is £33.50 and paper form is £80.50) and you will then be issued a license and registration number.
There are no exceptions - whether you are a landlord or you just carry out management work on behalf of a landlord, failure to comply is illegal and if you are unlicensed by the time the deadline rolls around you could face a hefty fine of £5,000!
It can take up to eight weeks for Rent Smart Wales to process license applications, so if you haven’t yet arranged your registration, don’t leave it too much longer!
For more information, visit the official Rent Smart Wales website
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