Wales, are you ready for the changes in lettings legislation? - Blog

Wales, are you ready for the changes in lettings legislation?

Wales, are you ready for the changes in lettings legislation?

Compliance Update Paul Offley, The Guild's Compliance Officer 16th May 2022

Lettings agents have had their hands full trying to keep up with the legislative changes that both have been and are going to come into play within the sector, especially in regions such as Wales that is perhaps seeing the most drastic changes. This is according to Paul Offley, Compliance Officer at The Guild of Property Professionals, who says lettings agents need to prepare for the changes ahead to be able to provide their landlords and tenants with the best possible guidance.


He adds that from 15 July this year, the Renting Homes (Wales) Act 2016 will change how landlords in Wales rent out their properties. “Whether you are a landlord, or a letting or managing agent, the changes will affect you and it is important to understand how to implement these into your business to remain complaint,” Offley says. 

“In Wales, tenancies will become occupational contracts and tenants become contract holders. Landlords will need to give their tenants six months’ notice on no-fault evictions, which cannot be served until the first six months of the new tenancy has passed. There are also changes to joint contract holders’ rights, as well as the introduction of succession rights for contract holders. “The new legislation goes through various other aspects pertaining to a rental agreement in Wales, including a property being fit for human habitation. It is important that lettings agents familiarise themselves with new changes and integrate them into the business practices going forward.”


According to Offley, The Guild will be hosting two Rent Smart Wales events for Members as well as prospects, to discuss the changes and help ensure a smooth implementation and transition. This first event will be in Llandudno on the 19th of May, and the second the day after in Cardiff on the 20th of May. 


“As with any change in legislation it always brings some resistance, however, the key is to remain calm and work through the details. We will be working with our Guild Members in Wales over the coming months; helping them understand what is required and what preparations they can start to make now so that it does not have a massive impact on their businesses and their clients. Landlords and agents who are fully prepared for the coming changes will find them easier and they will be in a much better position to assist their clients adapt to the new requirements,” Offley concludes.


Paul Offley, The Guild's Compliance Officer

Paul Offley joined The Guild in 2017 as our in-house Compliance Officer, to help Members stay on top of legislation. Paul’s career has maintained a focus in estate agency for over 40 years, building a specialist knowledge in the compliance function. Paul helps Members to reduce the probability of any risk materialising by working alongside agents to identify areas where the business is at a high risk of exposure. Guild Members have compliance tools at their disposal and are regularly presented with updated information on the latest legislation requirements. Paul is also on hand to speak to agents individually, delivering quality and high standards to all our Members. Paul has been providing continual support to The Guild Members throughout COVID-19, from legislation and Government updates, to providing indispensable and personalised advice through Facebook Live. He is passionate about raising standards, and is part of The Property Ombudsman Industry Forum.

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