Concerns are being raised that many private sector landlords in North Wales have yet to register with the Welsh Government’s Rent Smart Wales scheme.
The scheme requires all self-managing landlords and letting agents to register their properties and undergo training to become licensed.
Landlords and agents have been given until 23 November to comply with the new legislation, after which date it will be an offence to let or manage a property without the correct licence.
Adam Owens of accountancy firm Williams Denton said that with just over a month until the scheme becomes a mandatory requirement, there is evidence that many private landlords have yet to sign up.
He said: “A Freedom of Information request by Welsh Liberal politician Peter Black has revealed that just 1,565 Swansea landlords had registered with Rent Smart Wales by the end of August.
“That is estimated to be around a fifth of those required to do so.
“If Swansea is typical of Wales as a whole, then clearly there is a way to go for all landlords to be compliant.”
Rent Smart Wales estimates that 8.3 per cent of Swansea homes are privately rented, which equates to around 7,500 properties.
Mr Owens added: “This is a legal requirement, so landlords in North Wales should make sure that they are registered before the November deadline.
“Online registration for the scheme takes minutes, but the licensing application itself can take up to 8 weeks to process.”
Rent Smart Wales aims to drive up standards in the private rented sector by ensuring that all managing landlords and agents become licensed.
Welsh Government maintains the scheme will help prevent rogue landlords and agents while protecting tenants and giving local councils a better understanding of where rental properties are situated.