Senedd confirms notice periods for converted contracts will increase to six months
On the eve of the introduction of the Renting Homes Wales Act, the Welsh Government has confirmed amendments increasing the notice period for fixed term contracts from two to six months.
The vote was taken last night, with 36 in favour of the change and 15 against, despite strong opposition from landlords and other letting professionals.
These were the final awaited amendments to the Act which will see the abolition of the traditional tenancy in favour of a fixed term or periodic ‘occupation contract’ with additional rules and requirements around possession.
Resources
In response to the changes the NRLA has produced a series of documents and guides to support members with properties in Wales.
The association has also produced an enhanced and improved Standard Occupation Contract for use by landlords in Wales, an all-in-one contract, setting out the terms for both the initial fixed term and any periodic contract that follows on from this. This is free for NRLA members to download.
Guides on offer include:
- How to convert a contract
- How to end a fixed term contract
- How to end a periodic contract
- Completion notes for prescribed forms
- Fitness for human habitation in Wales
- Checklist for compliance
All can be accessed via our dedicated Renting Homes (Wales) pages on our NRLA Wales hub. Find out more and access the guides here.
An approved Rent Smart Wales training provider, the NRLA also offers a Renting Homes (Wales) 2016 training course, offering a detailed exploration of landlords’ new obligations.
All Rent Smart Wales licensees who have received their licence since July 2020 must undertake this approved training by the February 28, 2023. For more information about the course and prices click here.