WHAT LANDLORDS NEED TO KNOW ABOUT THE RENTING HOMES ACT - 2023
RENTING HOMES ACT 2023 – ALL YOU NEED TO KNOW The Renting Homes Act will come as no surprise to you if you are a landlord in Wales. It was originally passed in 2016 but was postponed for a variety of reasons. Nonetheless, it went into effect for new tenants in early December, with existing tenancies following suit in June 2023. The major changes that you should be aware of are listed in this guide. What exactly do you mean by renting houses? It is new legislation that is thought to be a significant change in Welsh housing law. The government has proposed simplifying and improving the process for tenants and landlords. The new law, however, applies to both social and private landlords and will necessitate significant changes to the contacts. It will also significantly alter property maintenance and communication, while tenants will be granted improved succession rights. When will this law go into effect? The legislation is already in place for new...