Welcome back to another episode of Padarn Property blogs! This week we’ll be discussing how to become a landlord in Wales! 

Becoming a landlord isn’t as simple as handing over the keys and collecting rent—especially in Wales. Since the introduction of the Renting Homes (Wales) Act 2016, which came into effect in December 2022, the process has become much more structured. Having worked in property for some time, I’ve seen both new and experienced landlords get caught out by the rules. The good news is that once you understand the process, it’s much easier to manage. 

Here’s how I’d break it down: 

1. Deciding to Rent Out Your Property 

The first step is, of course, deciding whether becoming a landlord is the right choice for you. Some people rent out a home they’ve inherited, others want to keep hold of a property as an investment. Whatever the reason, it’s important to be clear on your long-term goals—do you want short-term income, or are you focused on capital growth over time? 

2. Understanding Your Legal Responsibilities 

In Wales, you can’t simply put your property up for rent. You need to register with Rent Smart Wales, and if you plan to manage the property yourself (rather than through a letting agent), you also need a landlord licence. This involves training to make sure you understand the responsibilities that come with the role. It’s a safeguard for tenants—but also for landlords, because it gives you the knowledge to avoid costly mistakes. 

3. Preparing the Property for Letting 

Standards matter. Before you rent out your property, it must meet health and safety requirements—things like gas safety checks, electrical inspections, smoke alarms, and making sure it’s free from hazards. Tenants expect a home that’s safe, clean, and in good repair, and the law backs them up on that. A bit of work up front can save a lot of trouble later. 

4. Finding the Right Tenants 

This is often the most nerve-wracking part for new landlords. A good tenant can make life easy, but the wrong one can bring endless problems. Referencing, credit checks, and clear communication about expectations are essential. In Wales, all tenants now sign the same standard legal agreement—a “standard occupation contract”—which simplifies things compared to the old system of different tenancy types. 

5. Managing the Tenancy 

Being a landlord doesn’t stop once the contract is signed. You’ll need to handle rent collection, deal with repairs, and make sure you’re meeting your obligations around deposits and notices. If you’re managing the property yourself, being organised is key; if you’re using an agent, choose one who communicates well and knows the Welsh regulations inside out, they’ll be able to get all of this sorted on your behalf.  

6. Thinking Long-Term 

Some landlords get into the market thinking it’s easy money. The truth is, it’s a long-term commitment that comes with responsibilities. But it can also be hugely rewarding—providing secure homes for people while building your own financial future. The key is to stay informed, plan ahead, and approach it like a business. 

Final Thoughts 
Becoming a landlord in Wales isn’t a process to rush. Between the registration, licensing, and compliance requirements, there’s a lot to take in—but once you’re set up, it becomes part of a rhythm. For me, the most successful landlords are the ones who treat their tenants fairly, keep on top of regulations, and think long-term rather than chasing quick wins. 

If you’re considering taking the plunge, start with your local letting agent, get the right advice, and prepare properly—you’ll thank yourself later. If you’re looking to become a landlord, or need some advice on the process, contact us today! 

Until next time, happy house hunting! 

Ben McEvoy