THE WAY YOU RENT IS CHANGING
From 15 July 2022*, the Renting Homes (Wales) Act 2016 will change the way landlords in Wales rent their properties.
WHO DOES IT AFFECT?
The Act simplifies how all landlords rent their properties. Whether you are a landlord or a letting/managing agent, these changes will affect you.
SO, WHAT’S CHANGING?
Key areas affected by the Act, include:
1. Tenancy Agreements Which will be replaced by Occupation Contracts, and provided in writing.
2. Increased Security Six months’ notice, as long as the contract isn’t breached. Retaliatory evictions prevented.
3. All properties must be safe This includes working smoke alarms, and electrical safety testing.
4. Anti-social behaviour A fair and consistent approach for everyone.
5. Succession Increased rights to pass on your home.
6. Abandoned Property Making it easier to repossess abandoned properties. Click here for more detail on all the changes.
Over the coming months, the Welsh Government will continue to provide updates and useful information to help you fulfil your obligations as a landlord or a managing agent.
A national awareness campaign will also ensure both landlords and tenants are aware of the changes that take effect from July 2022*.
For all the latest updates, useful documents, and further info click here.
*Welsh Government has announced its intention to implement the Renting Homes (Wales) Act 2016 on 15 July 2022.