New Private Residential Law For Landlords & Agents

Landlords and agents are now required by law to be registered or licenced. A new law has been introduced in Wales which applies to all landlords and agents of private residential property. If you own, rent out, manage and/or live in a rented property then this law WILL impact you. Landlord Registration Any landlord who has a rental property in Wales which is rented on an assured, assured short-hold or regulated tenancy is required to register. Depending on how a property is owned will determine who needs to register it. All registrations are done with Rent Smart Wales. Landlord Licensing Landlords who are not involved in setting up tenancies and managing their rental properties do not need a licence; however they must use a licensed agent and register as a landlord declaring their agent on the registration. Landlords who do undertake letting and management tasks at their rental properties in Wales are required to apply for a licence. Such landlords are often described as 'self-managing'. If your property is managed by Dawsons, you need NOT worry As a market leading and engaged letting agent, we as Dawsons began to prepare for this change in January of 2015. We have ensured our already knowledgeable and experienced staff have attended the additional courses required by Rent Smart Wales, and have passed all validation tests successfully. This requirement along with several others such as client money protection, and affiliation to a recognised redress scheme, mean that Dawsons will be amongst the very first licenced agents in Wales. As a result of our forward thinking and interaction, our managed landlords can rest assured their requirements, their tenants and of course property remains in safe hands. Continued support, means we have also prepared a process to assist our landlords in the only part of this new law we as an agent are unable to do on their behalf. This requirement of LANDLORD REGISTRATION, can be completed on line or with the help of our staff at any of our offices. For further information on this, please visit or contact one of our rental offices when a member of staff will delighted to help. Alternatively, visit rentsmartwales.gov.wales or request a paper form to completed by calling 03000 133344. Do you manage your own tenant? Don't worry, Dawsons can help. Many self managing landlords once aware of the requirements by Rent Smart Wales, will decide it the ideal time to approach a local and trusted letting agent for additional information. Taking this into account, we at Dawsons have prepared for this very eventuality, to either provide free supporting information and support, or begin the process of property management on their behalf, thus dealing with all of the licensing requirements. For this advice, and to discover the many benefits and services of being a Dawsons landlord, please visit or call one of our 5 dedicated offices.