Rent Smart Wales, which launched on 23rd November 2015, is the mandatory registration and licensing scheme for landlords and agents in Wales.
The scheme requires all landlords to register their properties and undergo training to obtain a licence if they wish to self-manage. Letting agents also need to apply for a licence and ensure that staff directly involved in property management have the appropriate training. Landlords and agents have been given 12 months in which to comply with the new legislation, before it then becomes an offence to let or manage a property without the correct licence.
The National Landlords Association (NLA) are approved trainers for Rent Smart Wales and can offer the relevant required training courses for all landlords and agents to enable you to gain a licence.
NLA or UKALA members who are already accredited prior to 1st May 2016 will only need to do an online top-up, which can be undertaken by completing the 3 additional core modules which are; Rent Smart Wales (in the property section) and Legionella and Asbestos (in the safety section) found on the Online Library