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A thirst to get qualified at the Propertymark Wales National Conference

18 October 2019

With so much change for agents in Wales in 2019, the delegates at the Propertymark Wales National Conference heard a legislative reminder on anti-money laundering, referral fees and the regulation of the industry. Read More...

 

First Minister of Wales confirms no decision on fees ban

Thursday 26 January 2017

In a letter to David Cox, Managing Director of Association of Residential Letting Agents (ARLA) from Carwyn Jones, First Minister of Wales, he confirmed that no decision has yet been taken on introducing a ban on letting agent fees.

The letter says, “The Cabinet Secretary for Communities and Children has made a commitment to review the evidence currently available, before deciding what action should be taken.” 

According to the response, “He will be taking into account the impact of the Scottish legislation and will also be reviewing the proposals in England, taking into account the findings of their consultation which is due to be held in the coming months.”

The Association of Residential Letting Agents has also been informed, “The review will also consider the different approach Wales has taken, by introducing Rent Smart Wales, and how this will impact on and inform any further regulation of the sector.”

ARLA will continue to engage with the Welsh Government and we urge all members to complete our monthly surveys and respond to the UK Government’s consultation when it is released.  

It’s clear that further widespread changes are in the pipe-line for the private rented sector across the UK, but what’s important is that governments listen to the industry and follow the evidence.   

Member Bill Ballot

A number of proposals from Assembly Members were put forward to be chosen in a ballot of Private Member Bills to ban letting agent’s fees for tenants. One Member’s idea is then selected, at random. The draw took place on 25 January 2017 but none of the pre-ballot proposals to ban letting agent’s fees were successful.