The Welsh Assembly's Equality and even the Local Government Committee are going to be taking evidence sessions after the summer recess is over. The ARLA Propertymark chief, David Cox has come forward to provide evidence from the rental pressure community and even Citizen's Advice as well. Those who work in estate agent jobs or even in property management jobs will understand what a huge deal this is. The bill is going to set out the Welsh government intention to try and ban any letting agency fees and this is something that is not allowed in Scotland. It is also on its way to being debated in the UK parliament as well.
The renting fee bill will try and stop tenants from being charged when they go for an accompanied viewing and it will also stop them from being charged when they receive inventory. It will even stop charges if they renew a tenancy and sign contracts. It will also only let letting agencies and even landlords charge fees that relate to the rent and their security deposits. The enforcement regime is going to allow fixed penalty notices as well and these are going to be issued against anyone who requires a banned payment. If the penalties are not paid at all then the local housing authorities are then able to prosecute offenses and this can be done through the Magistrate's Court.
Convictions for the offense could easily result in an unlimited fine and this is all going to be taken into account by the Rent Smart Wales team. This is especially the case when they are taking into consideration whether or not they should be granted a new rent license. Of course, all of this is very interesting and only time will tell if it ends in a good result.