Insurance broker, MINT, has revealed how an alarming number of agents are at risk of having their licences revoked because of insufficient Professional Indemnity cover.
Read MoreRecord £20,000 fine for unlicensed landlord with 62 properties
Cardiff landlord Charles Baker is to pay £200,000 fine and costs after failing to gain relevant licences from Rent Smart Wales.
Read MoreRegulator prosecutes its first non-compliant letting agent in Wales – £4,600 fine follows
The first letting agent in Wales fined under the recently-introduced Rent Smart Wales scheme must now pay over £4,600 in fines after a hearing at Cardiff Magistrates Court. As we have reported…
Read MoreNewport landlord is first to be fined for non-compliance with Rent Smart Wales
The first fine has been issued to a landlord for not being registered or licenced under the Rent Smart Wales scheme. Landlords who rent out properties in Wales have, since November 2016,…
Read MoreRent Smart Wales: 75% of letting agents not licensed yet
Three quarters of letting agents in Wales have not signed up to register with the country’s compulsory licensing scheme for agents and landlords, even though there is just two and a half…
Read MoreNew law for lettings agents in Wales
A new registration and licensing system for landlords and lettings agents was introduced in Wales this week, as part of the Rent Smart Wales initiative. Under the new law, which came into…
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