Key changes and preparations required prior to the implementation of Renting Homes (Wales) Act

Are you ready for implementation?

On 16th November 2022, CHIC hosted a webinar in collaboration with Devnoshires discussing the key changes and preparations required prior to the implementation of Renting Homes (Wales) Act

We would like to thank all our speakers: Victoria Smith and Julian Barker from Devonshires, and Jackie Leonard from CHIC for chairing the session.

If you would like to view a recording of the webinar, please see below:

CHIC Webinar – Renting Homes Act Download

MORE ABOUT THE ACT

The Renting Homes (Wales) Act 2016 is due to be implemented on 1 December 2022. The Act is set to drastically change housing law in Wales as we currently know it.

The Act introduces a new form of rental agreement known as an occupation contract. There will be two types of landlord, a community landlord and private landlord. Tenants and licensees will be known as ‘contract holders’.

For any new contract granted from 1 December 2022, a written statement of contract must be issued to the contract holder within 14 days of occupation. Where an existing tenancy or licence has converted to an occupation contract, landlords will have 6 months (to 1 June 2023) to issue a written statement.

There are potential ramifications for secured funding arrangements, with lender consent possibly being required for the new form of occupation contract prior to implementation.

Ahead of implementation, written statements of contract need to be drafted, a conversion process must be carried out in order to issue written statements for converted contracts, lending agreements and policies must be reviewed and further policies created.

CHIC wants to ensure that our members remain fully aware of the changes due to be implemented. We have partnered with Devonshires Solicitors who will take you through some of the key changes and preparations required prior to implementation.

If you have any questions about what this means for your organisation, please get in touch with CHIC’s Head of Projects (Wales) Jackie Leonard at [email protected] or Solicitor at Devonshires Victoria Smith at [email protected]

DELIVERING WARMER AND SAFER HOMES IN WALES

CHIC has developed a Dynamic Purchasing System (DPS) to procure Bidders of Domestic Energy Efficiency Retrofit Installation Services. Working in partnership, CHIC and its Welsh members will deliver energy efficiency solutions. The Optimised Retrofit Project will create better homes across Wales.

The DPS is also providing consultants and contractors to support a range of Fire Risk Assessment and Fire Safety works across Wales. If you would like some more information, please contact Jackie Leonard (Head of Member Services) at [email protected]

Read More: https://www.chicltd.co.uk/chic-products

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