We understand that tenants don’t look just for a place to rent, they look for a place to call home.
When we value your rental property we always provide you with a realistic price, we understand from the outset that this is your largest investment, and we take care of it like our own.
Like any other investment, you need experts to look after it and keep it safe.
It’s no secret that happy tenants stay for longer, maximising your rental property income.
This is why we go above and beyond to ensure that everything that sets your property apart and that makes it a home shapes our entire approach.
From the time your property reaches our substantial network of tenants, they will see your home the way you do, and love it for all the same reasons.
Why let with Moginie James:
Visit our resources page for details on landlord fees
Rent Smart Wales
Since 23 November 2015, the legal obligation for all Landlords operating in Wales is to register in order to comply with the law.
In order to register a landlord must provide accurate and up-to-date information about themselves and their rental properties in Wales.
This requirement comes from Part 1 of the Housing (Wales) Act 2014
Does this apply to me?
Do you own a property in Wales that you don’t live in?
Do you allow someone else to live in that property (as their main residence), and do they pay you money to live there?
Is the property rented on an assured, assured shorthold or regulated tenancy?
If you answer yes to these questions you are a landlord and need to comply with the registration requirements in Wales.
What rental properties do not need to be registered?
For more information read here.
How do I register as a landlord?
You can register as a landlord via Rent Smart Wales website. A landlord must complete the registration themselves; an agent or another person who is not the landlord cannot do it on their behalf. Apply Now
If you are a self-managing landlord you will also need to apply for a licence. To find out more read the Landlord Licensing section.
Tell me more about landlord registration
A landlord, for the purpose of the legislation, is the person who is entitled to possession of the property. This in most cases will be the owner of the property.
A landlord who must register therefore could be an individual person, a group of people or even a company (depending on how the property is owned). If the property being registered is in joint ownership, one lead owner must register it on behalf of all other owners. If a property is owned by a company, the company registers as the landlord.
A landlord registration costs £33.50 if completed on-line. This is the cost for each landlord type registering. The cost for registration does not increase if more than one rental property is part of the registration.
If someone requests a paper application form to complete instead of doing the registration on-line it costs £80.50.
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.
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.
If a landlord acquires another property subject to, or marketed or offered for let under a domestic tenancy in Wales they are obliged to add it to their registration. A landlord has 28 days to do this within.
To read more about Rent Smart Wales, visit our blog HERE