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Government reports ‘surge’ in Rent Smart Wales applications - 29 September 2016

The Welsh Government says it is seeing a surge in applications for its Rent Smart Wales scheme, after the RLA revealed just 3% of landlords have been issued with licences. It has reminded landlords they face prosecution if they have not registered with the scheme by the November 23rd deadline – now just eight weeks away. Communities and Children Secretary, Carl Sargeant said ... more

Corbyn's attack on landlords is misguided - 29 September 2016

Landlords have hit back at accusations made by Jeremy Corbyn in his Labour conference speech  that they are being subsidised by £9 billion of housing benefit cash. According to Budget figures, in 2014/15 total housing benefit spending for social rented tenants at £15.2 billion, was significantly more than the £9.1 billion for those in the private rented sector (PRS), despite the ... more

Just 3% of landlords have Rent Smart Wales licences - 28 September 2016

Just 3% of Welsh landlords have been licensed under the controversial Rent Smart Wales scheme, with just nine weeks until the November 23rd deadline. The registration and licensing scheme was launched in November last year and requires all landlords and letting agents to register their properties and undergo a training course to obtain a licence. However, figures obtained by the RLA through ... more

Landlord consultation on tax changes - 28 September 2016

Landlords are being asked for their opinion on the Government’s new digital tax plans. The HMRC has launched a simplified four question consultation asking landlords what they think about proposals for digital record keeping and quarterly tax reporting. Landlords are being asked whether plans to introduce a cash basis for those with simple tax affairs would be helpful. This would work on ... more

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