W.J.Holder & Co.
and Holder Property Services
Letting Agents
T: 01685 870818
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I own a property jointly and we both undertake letting and
management activites, do we both have to obtain a licence?
Yes, you will both need to obtain an individual landlord licence. This licence
will cover you at any rental property for which you have a landlord interest
in Wales and permits you to undertake letting and management activites.
What happens if I do not obtain a licence?
Landlords and agents have 12 months from introduction on 23 November
2015 to obtain their licence. AFer this time a person found guilty of letting
and managing rental property in Wales without a licence can be issued with
a fixed penalty of £250, or if taken to court could face an unlimited fine.
How much will it cost to obtain a licence?
There are different fee costs for landlords and agents to obtain a licence.
Licence training costs will depend on which training is chosen and how
many people the applicant must have trained in order for them to obtain
a licence (eg an agency with 20 staff will have much higher training
costs than a landlord who has no staff and undertakes all letting and
management themselves.)
Once licensed, what happens next?
A licence lasts 5 years. However, in order to keep the licence the licensee
must comply with its conditions. A condition of all licences is that the
person complies with the Welsh Government issued Code of Practice.
If a landlord or agent cannot obtain a licence, or due to non
compliance the licence is removed, they are unable to undertake the
letting and management of rental properties in Wales.
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