The Renting Homes (Wales) Act 2016 has taken effect on the 1st December 2022. How do these changes affect me? The Act simplifies how all landlords rent their properties. Whether you are a landlord or a letting/managing agent, these changes will affect you. Key areas affected by the Act include: Is there training available to guide me? To help you understand the changes, Renting [……]
Renting Homes (Wales) Act 2016 will take effect from 1st December 2022. How do these changes affect me? The Act simplifies how all landlords rent their properties. Whether you are a landlord or a letting/managing agent, these changes will affect you. Key areas affected by the Act include: For more details on all the changes, view the Welsh Government Renting Homes webpage here.https://gov.wales/housing-law-changing-renting-homes Is there training [……]
People buying houses worth up to £225,000 will not have to pay any tax, the Welsh government has announced. Finance Minister Rebecca Evans raised the threshold on the Welsh version of stamp duty following last week’s UK mini budget. But the Welsh government said there will be a “small increase” in the rate of Land Transaction Tax (LTT) for homes that cost more than £345,000. [……]
The Welsh Government has announced an increase to the maximum level of council tax premiums for second homes, as well as new local tax rules for holiday lets. The changes represent more steps taken to ensure people can find an affordable home in the place they have grown up. The measures are part of a wider commitment to address the issue of second homes and [……]
The Renting Homes (Wales) Act 2016 simplifies how you rent properties. There are two types of landlord under Act: community landlords (primarily local authorities and registered social landlords); and private landlords (all other landlords). Tenants and licensees are called ‘contract-holders’ under the Act. Contract-holders will have an ‘occupation contract’ (which replaces tenancy and licence arrangements). There are two types of occupation contract: Secure contract: For [……]
The Renting Homes Act is the biggest change to housing law in Wales for decades. From 1 December 2022 we plan for the Renting Homes (Wales) Act 2016 to change the way all landlords in Wales rent their properties. It will improve how we rent, manage, and live in rented homes in Wales. Who is affected by the new law? All social and private tenants will [……]
The biggest change in the housing law in Wales for decades Tenants renamed ‘contract-holders’ and no more ASTs from July 2022 Tenants renamed contract-holders and no more ASTs When Welsh Government finally implement the Renting Homes (Wales) Act 2016 on 15th July 2022, it will bring about a great deal of change for both landlords and tenants, not least in terminology. New terminology: Tenants become [……]
The grant will support up to 70% of the project cost and can be used to enhance building frontages, bring vacant commercial floor space back into beneficial business use (but not residential or holiday lettings etc.), or repurpose properties where appropriate within the designated shopping areas. (see attached maps) The fund is available to the freehold owners of the property, or occupiers who hold a [……]
Explains what landlords must do from 15 July 2022 to ensure their property is in good repair and fit for human habitation. Introduction Part 4 of the Renting Homes (Wales) Act 2016 (The Act) sets outs the obligations placed on a landlord with regard to the condition of a dwelling. These obligations apply to all occupation contracts made for a term of less than seven [……]
What Renting Homes means for landlords The Renting Homes (Wales) Act 2016 simplifies how you rent properties. There are two types of landlord under Act: community landlords (primarily local authorities and registered social landlords); and private landlords (all other landlords). Tenants and licensees are called ‘contract-holders’ under the Act. Contract-holders will have an ‘occupation contract’ (which replaces tenancy and licence arrangements). There are two types [……]
