The 31st May 2023 deadline to issue written statements for ‘Converted Contracts’ in Wales under the Renting Homes (Wales) Act 2016 has now passed!
‘Converted Contracts’ were already in place when the Renting Homes (Wales) Act 2016 came into effect on 1st December 2022 and are still in place today e.g. Assured Shorthold Tenancies (ASTs).
Failure to comply with this legislation will mean landlords may be unable to issue notices for possession and the tenants/ contract-holders can even claim compensation
If you are a landlord with a ‘Converted Contract’ in place on a property you have let at the moment it’s important you issue the written statement as soon as possible, if you’ve not done so already.
You can obtain a model written statement for free from the Welsh Government which you can then use to decide which terms from the converted contract remain and which need to be replaced. There is lots of advice and guidance on the Welsh Government website for landlords who need support with this: https://www.gov.wales/renting-homes-landlords
Alternatively, we are experts in lettings legislation and we can help you with staying compliant, applying for licensing, regular insight on changing laws, understanding legislation and protecting your investment through a range of insurance products, all whilst letting your property profitably to the right tenants.
Just a few reasons to give us a call…
- We have been rated as ‘Exceptional’ and featured in the 2023 Best Estate Agent Guide as in the Top 5% of Letting Agents in the UK
- We have a first class online proposition, including being on the big two property websites, Rightmove & Zoopla
- We have been awarded a ‘Best Practice’ award by Rent Smart Wales for property management
- Using our InvestmentFinder Service we can link our significant quantity of sales properties with our extensive lettings expertise to help guide you towards your next Buy To Let purchase
- We have access to Rent & Legal Protection products to give you additional security
- We offer a range of different lettings options to suit your needs
- We have a branch on your high street and are part of your community
- We always strive to achieve the best prices with pre-qualified tenants
- We’re local property experts, specialists at letting properties in your area
If you would like further advice or to book a FREE rental market appraisal please contact us today. You can even get a free instant valuation of your property online on our website 24 hours a day.
Whether you are self-managing you property, on the market with another agent or letting with Peter Alan already, we are here to help and guide you.
