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Landlord Services

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Rent Smart Wales

If you have a property in Wales that you let out you must now register with Rent Smart Wales, Landlord Licencing scheme.
Since 23 November 2015, all landlords operating in Wales must become registered**

Does this apply to me?

  • Do you own a property in Wales that you don't live in?
  • Do you allow someone else to live in that property (as their main residence), and do they pay you money to live there?
  • Is the property rented on an assured, assured shorthold or regulated tenancy?
  • If you answer yes to these questions you are a landlord and need to comply with the registration requirements in Wales.

Landlord Registration

Any landlord who has a rental property in Wales which is rented on an assured, assured shorthold or regulated tenancy is required to register. Depending on how a property is owned will determine who needs to register it. All registrations are done with Rent Smart Wales.

Landlord Licensing

Landlords who are not involved in setting up tenancies and managing their rental properties do not need a licence; however they must use a licensed agent and register as a landlord declaring their agent on the registration. Landlords who do undertake letting and management tasks at their rental properties in Wales are required to apply for a licence. Such landlords are often described as 'self-managing'.

For more information go to Rent Smart Wales

Tariff of Fees

Full Management Service
Set up fee £295 (re-let within 12 months £199) Plus 10% of the rent collected
This is an inclusive service, there are no uplift charges for arranging maintenance, gas certificates or EPC's

Tenant Find Only Service
One month's rent (Minimum fee £350.00)

Conducted viewings (included in full management service)
£20ph plus 0.45pm
It is advised that Landlords who are managing their own tenancy should carry out their own viewings however this can be arranged with Lounge Letting if necessary

Tenancy Renewal

Making changes to Landlord Agreement

Dealing with a deposit dispute
£45 plus 10% of claim

Serving notices on behalf of Landlord

Checking tenant out at end of Tenancy including reading meters and informing service providers

Taking over Management of tenanted Properties
£99 or no charge if the tenancy was originally arranged by Lounge Letting

Discounts available for Landlords with 3 to 10 properties

Portfolios of 11 or more properties will be considered and price will depend on types of properties, location area and tenancy types.

Landlords, what can we do for you?

We want your Property business to flourish whether you own one property or a large portfolio, your success is our success. Let us manage or just let your property for you and we will help you navigate the ever growing legislative minefield in letting a property, reduce voids, deal with problem tenants and arrange routine maintenance.

Call us now on 01654 712470 or visit our contact page to discuss your requirements.

We currently protect all deposits with the Deposit Protection Service