Written by Tom Fenard:
On Tuesday 12th September, I joined around 60 landlords at City Hall in Cardiff Bay for the Cardiff Landlord Forum – the independent forum for landlords based in Cardiff. Here are the highlights from the forum which will be of interest to you if you own or manage a rental property or portfolio in Cardiff:
- Energy Act 2011 -as of April 2020, all newly let property or current tenancies that are renewed need to have a minimum EPC rating of Band E. It is likely that this will be increased to a D or above in the future so if you are making improvements, I would advise to take it to a D rather than the minimum of an E.
- Agency Fee Ban – the consultation closes on 27th September, so you have just 1 week to have your say! Points suggested so far are to have a menu of fees that all agents adhere to so that tenants know what things costs which ever agent they are with. There is also talk of being able to transfer your bond / damage deposit from one property to another.
- Fire safety – 7 tests have been carried out on how flammable different types of cladding are with results indicating that Rockwool is the least flammable. If you have cladding on your building – you can take a piece off and send it to DCLG who will test this for you.
It’s worth mentioning that the Cardiff Landlord Forum is currently looking for new committee members, so if you’re a Landlord who wants to stay on top of current legislation and have your say on the industry – enquire now.
The next meeting is on 8th November (City Hall, 6-8pm) and I’ll be sure to bring you all the latest highlights after the Forum.