Latest News

Agents given false documents and identities by members of drug ring

05 December 2019

Four men who headed up a drug ring property plot saw ordinary homes turned into illegal farms after providing false documents and identities to rent out the houses. Read More...

Rent costs hit record high - 2019 trends

04 December 2019

Propertymark has analysed its lettings and sales data to reveal trends from the year. The private rented sector has seen sharp rent increases due to the tenant fees ban, an outflow of landlords from the market, and Brexit uncertainty. Read More...

The Cloud

04 December 2019

You will often hear technology companies refer to ‘the cloud’, whether it be cloud computing, cloud storage or even cloud software, but what does the cloud really mean? Ross Jezzard ARLA Propertymark Board Member, takes a look. Read More...

Battery-powered smoke alarms failed in more than a third of property fires

02 December 2019

The Local Government Association (LGA) is urging people, including landlords, to test their smoke alarms due to recent analysis which showed nearly two thirds of battery-powered alarms failing in England last year. Read More...

Major GDPR fine sends warning to property professionals

28 November 2019

UK agents should take stock of their data collection and retention procedures, following the news that a Berlin property company has been fined more than €14.5m (£12.4m) due to a GDPR breach. Read More...

Landlord hit with £60,000 fines for substandard properties

28 November 2019

A Yorkshire property owner has been hit with court fines for a fourth time for failing to properly manage his rental properties. Read More...

Rent costs fall but offer tenants little reassurance

28 November 2019

ARLA Propertymark’s Private Rented Sector (PRS) report shows the number of tenants experiencing rent rises fell by eight percentage points in October. This is the lowest figure since June 2019. Read More...

Welsh fee ban passes into law

Friday 17 May 2019

On 15 May the Renting Homes (Fees etc.) (Wales) Bill received Royal Assent. It is now an Act and will come into force on 1 September 2019.

The Renting Homes (Fees etc.) (Wales) Act will ban most fees charged to tenants. Letting agents and landlords will not be able to require tenants to make a payment if it is not listed as a ‘Permitted Payment’ under the Act.

Permitted Payments are:

  • Rent
  • Security Deposit
  • Holding Deposit (capped at one week’s rent)
  • Default Fees
  • Utilities (electric, gas or other fuel, water, sewerage and Green Deal)
  • Council Tax
  • Television Licence
  • Communication Service

The Act does not currently specify a cap on Security Deposits or Default Fees.

The legislation will apply to Assured Tenancies (including an Assured Shorthold Tenancy or AST) entered into after the legislation comes into force. When the Renting Homes (Wales) Act 2016 comes into force, all new tenancies will be Standard Occupation Contracts. All pre-existing Assured Shorthold Tenancies will also be converted into Standard Occupation Contracts.

Propertymark is expecting further guidance from the Welsh Government to be published imminently.

Commenting on the passing of the Act, David Cox, ARLA Propertymark Chief Executive: "It is essential that agents get to grips with this legislation and understand the impact on their business, making the preparations that they need well in advance of 1 September. The experience that agents operating in other parts of the UK are currently going through demonstrates that this is a highly complex area with many areas of uncertainty and agents need to draw on the support of their professional body."

Housing Minister and Local Government Minister Julie James AM said: "The private rented sector now accounts for 13% of all housing in Wales. This legislation brings clarity which will help to improve the reputation of the sector overall, and also provide greater confidence that tenants are getting a fair deal. I want private renting to be a positive choice that is accessible to everybody."

 "This important legislation will come into force on September 1 this year, to balance the need for landlords and agents to make adjustments to their business models with the need for these changes to come into force as soon as possible."

Welsh Government’s news story 

Propertymark is developing resources to support members in Wales and the issue will be the focus of the North Wales Regional meeting on 10 June 2019.