Following consultation with NALS about the Rent Smart Wales fee structure for Letting and Management Agents, we are pleased to announce that revisions have been made to make the scheme more equitable.
A new fee structure comes into affect from 25th April 2016.
The new fee structure is now:
> Graduated based on the size of the organisation,
> A reduced fee is applied to those who are a member of specified professional body
> Payment options are available to smaller companies.
This new fee structure will be effective from the 25thApril 2016.
You can find full details of the new pricing structure >>> here.
NALS CEO Isobel Thomson commented:
“NALS are delighted to have been instrumental in revising the fee structure and that our licenced firms continue to be able to enjoy reduced professional fees through our association with Rent Smart Wales.
We will always support any initiative that seeks to raise standards in the private rented sector and we are pleased that RSW were open to feedback about how to fine-tune the fee structure to make it more equitable for the wide variety of agents operating across Wales”.
NALS is the National Approved Letting Scheme, a not for profit licensing scheme for lettings and management agents operating in the Private Rented Sector.