Cardiff Letting Agents - Do I need to register as a Landlord?
Registering myself as a Landlord - Do I need to register?
On 23rd November 2015 the Act introduced a legal requirement for all Landlords with rental property in Wales to register themselves and their rental property address(es). Landlord have a year to comply with this new obligation.
You will need to be registered if:
- You own a property in Wales that you don't live in and allow someone else to live in that property (as their main residence), and do they pay you money to live there
- The property is rented on an Assured, Assured Shorthold or a Regulated Tenancy
What rental properties must be registered?
A landlord must include the address of all rental property in Wales they are the landlord for in their registration. This will be the address of all dwellings (buildings, or part of a building, occupied as a separate dwelling) which are subject to, or marketed or offered for let under a domestic tenancy. Only dwellings rented on assured, assured shorthold or regulated tenancies are required to be part of the register. These are the main types of tenancies used to rent out properties privately in Wales.
Published on https://www.rentsmart.gov.wales/en/landlord/landlord-registration/
Taken from the official website on 10/12/2015 by B&G
Can my Agent or any other person register me as a landlord on my behalf?
Only the Landlord can complete the registration. An agent or another person who is not the Landlord cannot register on your behalf regardless of whether or not they manage the property on your behalf.
A landlord who must register therefore can be:
- An individual person
- A group of people
- A company
Depending on how the property is owned
If the property being registered is in joint ownership, one lead owner must register the property on behalf of all of the other owners. If a property is owned by a company, the company registers as the Landlord.
Once a landlord is registered; what then?
A landlord's registration lasts 5 years after which time they must re-register. During the registered period a landlord must keep the information within it up to date. By law, certain changes in information must be notified.
- Any change in name; correspondence address; contact telephone number; e-mail address or other contact information provided as part of the registration
- Any change (either that someone has started or ceased) to undertake letting or management at the registered rental property (for which they would need a licence from Rent Smart Wales)
- Any changes of interest the landlord has with the rental property (i.e. if they sell a registered property)
How to register as a landlord
To register as a landlord, you will need to register with Rent Smart Wales. Fees do apply.
Click Here For Fees
Click Here To Register
You will be directed to the official Rent Smart Wales Website