Are you compliant yet..?

Are you a landlord with a property in Wales? If so you are no doubt aware of the Rent Smart Wales legislation requirements for landlords and agents operating in Wales to register their properties and obtain a licence.The deadline for compliance has now passed, meaning enforcement action can be taken against you if you are not properly licensed.Enforcement powers within the legislation have now been active for around 8 months. The enforcement team are working in conjunction with Local Authorities to ensure that landlords and agents comply with the Housing (Wales) Act 2014.Rent Smart Wales have issued 62 fixed penalty notices.There have been 2 successful prosecutions: 1 led by Rent Smart Wales and 1 by Newport City Council against landlords who failed to comply with their obligations under the Housing (Wales) Act 2014.You will not be able to serve a valid Section 21 repossession notice if you are not registered and licensed. You could also face a fixed penalty notice, a fine, rent stopping order or a rent repayment order.If you aren’t totally compliant, and you don’t want to undertake the training and exam that is required to manage your own property, please contact us and we can help you ensure aren’t at risk of prosecution.If you are a new landlord we will provide the first three months of management for FREE!Contact us on 01633 870777 or e-mail rentals@hathways.co.uk