Editor's note: This brief was summarised by The Property AI Team from a report by Letting Agent Today. Read the original article for full details.
Propertymark Engages with Welsh Government on Forthcoming Rental Bill
Propertymark, the letting agents’ trade body, has announced it is consulting with the Welsh Government on the preparation of a new Rental Bill. The Bill is part of the Senedd’s legislative programme for the next 18 months and is expected in 2027.
According to the report, the initial focus of the Rental Bill will be on rent data and on strengthening the enforcement and regulatory role of Rent Smart Wales (RSW). Further details about the Bill or its potential impact on letting agents and inventory clerks have not been disclosed at this stage.
Source: Letting Agent Today