This month has been packed full of interesting developments in the Private Rented Sector, from the election and the Queens speech this week to the ARLA conference in Cardiff spotlighting on the new Housing (Wales) Act 2014.
General
It has been an eventful month so far for the PRS, so what’s new in the pipeline…
In the run up to the election, immigration and Right to Rent checks were at the top of the Governments agenda and although only briefly mentioned in the Queens speech this week is set to be one of the more controversial pieces of legislation. So what is the Government actually wanting Landlords to do?
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Housing (Wales) Act 2014 – Mandatory Licensing of Landlords in Wales
At the beginning of the month, I attended the ARLA (Association of Residential Letting Agents) Welsh conference in Cardiff where I met with the Managing Director of ARLA David Cox, President of ARLA, Valarie Bannister and Anne Rowlands from the Welsh Assembly (who is heading up the registration and licensing of Welsh Landlords), to discuss the impact of this new legislation and how it will affect Landlords and Agents in Wales.
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Did you know …
The Private Rented Sector is an unregulated industry - It is not a requirement for any Letting Agency to have any insurance to protect your money, to have any professional indemnity insurance or be trained or qualified before they start trading?
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