OUT WITH THE OLD AND IN WITH THE NEW -Occupation Contracts (Wales)
THE RENTING HOMES (WALES) ACT 2016 – OCCUPATION CONTRACTS
The Act are not yet in force. However, it is anticipated that provisions in the Act will be introduced in Spring of 2022.
Once enacted, there will be a number of changes to tenancy laws in Wales. This article deals briefly with the anticipated changes to residential landlord and tenant agreements.
Most current tenancies – those on an assured short-hold or assured tenancy will be replaced.
An assured short-hold tenancy is to be the standard contract.
An assured tenancy would be replaced by a secure tenancy.
There will be “model contracts” available .
Some of the terms in these contracts will be mandatory . They cannot be removed or altered.
Other terms may be altered and removed on the proviso that both parties agree – BUT – only if the alteration or removal improves the position of the tenant (the contract holder).
All occupation contracts must be in writing .
If the Landlord fails to provide a written agreement (standard or secure contract) the tenant will be permitted to claim back up to 2 months rent plus interest, calculated on a daily rate.
Here at MLS we are regularly instructed by landlords to advise on compliance and possession claims. If you have any questions please contact us on 01244 478 730 and we will be happy to help.
This article is for information purposes only and does not constitute legal advice. Please contact us for advice.