Record £20,000 fine for unlicensed landlord with 62 properties

first_imgHome » News » Record £20,000 fine for unlicensed landlord with 62 properties previous nextRegulation & LawRecord £20,000 fine for unlicensed landlord with 62 propertiesLocal man Charles Baker is to pay fine and costs after failing to gain relevant licences from Rent Smart Wales.Nigel Lewis17th December 201802,561 Views A Welsh landlord with 62 apartments within 16 rented properties has been fined  a record £20,000 for failing to obtain a licence from Rent Smart Wales to operate them.Charles Baker of Cyncoed Road, Cyncoed, Cardiff was found guilty at the city’s Magistrates Court (pictured, above) and will now have to pay the fine plus costs of £741.Baker, who didn’t attend the hearing, was found guilty of both failing to obtain a licence to carry out lettings and management activities for his properties, which are in the Roath area of the city.“Rent Smart Wales was introduced to drive up standards in the private rented sector and to help professionalise the role of a landlord for the benefit of themselves and their tenants.,” says Councillor Lynda Thorne (left), Cabinet Member for Housing and Communities at Cardiff Council, the single licensing authority for Rent Smart Wales“It’s quite shocking that a landlord with so many properties in the city has sought to evade compliance.“However, it really doesn’t matter if you are a landlord with 60 properties or just the one because all self-managing landlords must be licensed with Rent Smart Wales to operate legally.“We are prosecuting landlords for non-compliance across Wales and will continue to do so to root out the minority who are foolish enough to believe the law doesn’t apply to them.”Landlords who let and manage their own properties are required under the Housing (Wales) Act 2014 to be registered and licensed with Rent Smart Wales.     Rent Smart Wales Cardiff charles baker December 17, 2018Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021last_img read more

Exclusive: Simon Baker returns to UK with proptech investment plan

first_imgGlobal property industry figure Simon Baker says he is looking to invest significantly in the UK residential proptech sector.Baker is well-known in the UK as founder of Oz property portal giant the REA Group, which together with Rupert Murdoch’s News International bought the UK’s first property portal PropertyFinder.com for £14.5 million in 2005, selling it in August 2009 to Zoopla after REA reversed its ambitious global expansion plans.Baker is now chairman of Gold Coast based software firm The PropTech Group, which operates two of Australia’s key property software platforms, VaultRE and MyDesktop.It has already entered the UK market with its UK version of VaultRE which, as we reported yesterday, is now being used in 100 estate agency branches, but is now looking to invest in existing UK proptech.“We are primarily looking at the residential sector in the UK as we believe that there is significant opportunity to consolidate this segment,” he says. “Commercial [proptech] is also interesting but a lower priority of us.”Market capBaker and his The PropTech Group have relatively deep pockets.  The firm was listed on the Australian stock market in November last year and has seen its share price increase from AUD 0.25 to AUD 0.74 giving it a market cap of approximately AUS$ 92 million.“We have Australia’s top three franchise estate agency groups as customers – Ray White, Raine and Horne and Harcourts as well as approximately 50% of the New Zeland market,” he says.Baker already has fingers in several other property pies including interest in Thai short-letting platform called Flexstay, property portals in Brazil and Burma and news website OnlineMarketPlaces.com.Simon Baker The PropTech Group proptech April 23, 2021Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Exclusive: Simon Baker returns to UK with proptech investment plan previous nextProptechExclusive: Simon Baker returns to UK with proptech investment planBaker’s Australian firm The PropTech Group is seeking significant investment opportunities within the UK residential market, he tells The Negotiator.Nigel Lewis23rd April 20210867 Viewslast_img read more