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Whenever you apply for a licence to manage a property in Wales, Rent Smart Wales will issue you with a set of licence conditions they expect you to follow.
These licence conditions are reviewed and updated regularly so you should familiarise yourself with your licence whenever you renew or apply for a licence for the firstt time.
Rent Smart Wales fees are split into registering the property (which every landlord must do) and paying for a licence (which is only payable if you engage in property management work).
You will need to register your property with Rent Smart Wales every five years.
Costs vary depending on whether the application is new and whether the application is made online:
| Standard fee | Online application | |
| New registration | £102 | £60 |
| Renewal | £87 | £48 |
If you miss the deadline to renew and your registration lapses, you will be charged as if it is a new registration so it's always best to apply in good time and online to save money.
If you are paying for a licence then the fees will vary dependant on whether:
|
Landlord Licence |
Standard Fee |
Online |
|
Standard fee - one payment |
£327 |
£254 |
|
Standard fee - split payment |
£234 on application and £141 before the licence is issued |
£188 on application and £114 before the licence is issued |
|
Renewal application made 42-84 days before the licence expires – one payment |
£302 |
£230 |
|
Renewal application made 42-84 days before the licence expires – split payment |
£218 on application and £132 before the licence is issued |
£173 on application and £105 before the licence is issued |
If you are a landlord you will require a licence if you perform any of the following activities:
If the only activity you undertake is performing repairs at a property, you are not required to obtain a landlord licence.
If you are an agent you will require a licence, when acting on behalf of the landlord of the dwelling, by either collecting rent or undertaking more than one of the activities listed below.
Your licence conditions can be found in your account on the Rent Smart Wales website.
If you have not applied for a licence yet, then you can find a list of typical licence conditions here. These conditions include things like:
These general conditions are reviewed and updated regularly and your own licence may have specific conditions based on your circumstances so you must ensure you read and follow your own licence conditions.
On 1 Septemebr 2025, Rent Smart Wales updated their licence conditions. These new conditions will apply to any licence renewed on or after that date. If you have applied for a licence since then you will find the key changes in the conditions are:
In practice, most landlords and agents will already meet these conditions but it is a good idea to keep a record of your compliance for when you next renew your licence.