What is it?
The Renting Homes (Wales) Act 2016 was created to make renting a home a simpler task for landlords and tenants.
The central part of the legislation introduces ‘occupation contracts’, which replaces most current agreements with just two types of contract:
- A secure contract, which uses the same format as the existing secure tenancy document issued by Local Authorities
- A standard contract, which is similar to the existing assured shorthold tenancy used in the private rented sector
If you are a private landlord, the Welsh Government has provided model contracts. If you use an agency, they will have been trained in how to write this documentation.
The new Act will give tenants and landlords the right to a contract that states how the tenancy will be lived out until its end.
This should create an easy renting experience for all involved.
What this means for landlords
The Act requires all landlords to issue a document that clearly outlines the rights and responsibilities of the landlord and the tenant.
Landlords will be able to repossess an abandoned property without needing to go through court, which allows them to re-let the property quickly.
What this means for tenants
The Act is designed to create longer lasting tenancies, with a minimum occupation period of six months.
The property will have to comply with certain guidelines that ensure it is fit for human habitation and will provide additional protection to tenants that may have a complaint about the living standards.
Joint tenancies will also be designed to protect those who want to stay in the property, including victims of domestic abuse.
This Act is designed with both parties in mind and makes it easier for us to enforce what really matters to us – making tenancies last.
Whether a landlord or tenant, if you would like to find out more about how the new legislation will affect you, get in touch on email@example.com or call 01633 678545