The implementation of the Renting Homes (Wales) Act 2016, has been postponed until 1st December 2022, originally scheduled to come into effect on 15th July 2022.
The announcement by the Welsh Government will allow landlords additional time to ensure their properties are reaching the required standards under Fitness for Human Habitation, as well as provide additional time to convert to the new Occupation Contracts.
The Renting Homes (Wales) Act 2016 will replace the Assured Shorthold Tenancy (AST) Agreement Standard Occupation Contract (SOC), which includes a written statement of the key facts of the tenancy. It will now become a legal requirement for all landlords to provide a written SOC within 14 days of the tenancy commencement. This can be issued in hard copy, or if the contract-holder agrees, electronically.
You can find out more about the changes that will be introduced once the Renting Homes (Wales) Act 2016 is introduced this December here.
Read the full statement from Julie James.
At Belvoir Swansea, Sketty, and Mumbles, we will continue to work through our existing projects to ensure all our managed properties are compliant with the new legislation. For any self-managing landlords who would like to discuss our fully managed landlord service, please feel free to contact us on 01792 461929.