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Peter Lewis
Peter Lewis
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Peter Lewis
My two rentals that i let out are in Wales where the Labour Welsh government brought out a law some eight years ago called “Rent Smart Wales” supposedly to improve the way that the PRS behaved and rented out their property. All landlords in Wales have to abide by the new rules or they are not permitted to let out property. Firstly all landlords must register with “Rent Smart Wales” and pay a fee for doing so that is renewable every few years. Secondly if they wish to manage their properties themselves they then need to take a course and pass an exam and of course pay two extra fees that are renewable every few years. The alternative is that they can let their properties through an agent and we all know that using an agent can add up to 15% of any rent that may be asked, so of course the rent gets put up by 15%. For my registration fees and courses and exams In all of those eight years i have never been contacted by “Rent Smart Wales” to inform of new ‘Best practice’ any forthcoming legislation, or any new laws. I also have never been spot checked to see that i am abiding by these rules. Recently Wales has introduced a new way that private landlords can let their properties, no longer can landlords let on a short term lease, only on what is in effect an open contract that allows any tenant to stay as long as they wish, however with the forthcoming end of section 21 and proposals and in Wales to give tenants the right to purchase their rental property at a knock down price, you can understand why landlords in Wales are heading for the hills, as am i. I was contacted recently as one of my properties was becoming vacant by a lady whos son and girlfriend wanted a place to stay for a few months as they were expecting a child and looking for somewhere more permanent to live. Although i know the lady well i had to refuse as it is illegal for me to set a time for them to vacate the property. If i had agreed under Welsh rules i would be breaking the law and they would be entitled to enormous amounts of compensation. So they are sofa surfing as a direct result of the new legislation, and i am selling up.

From: Peter Lewis 10 January 2024 09:05 AM

Peter Lewis

From: Peter Lewis 29 December 2023 07:29 AM

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From: Peter Lewis 14 November 2023 07:05 AM

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From: Peter Lewis 16 October 2023 09:11 AM

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From: Peter Lewis 13 October 2023 15:53 PM

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From: Peter Lewis 06 October 2023 08:31 AM

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From: Peter Lewis 17 August 2023 06:55 AM

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