Huge changes to the rental market in Wales are set to be introduced in six weeks, affecting both landlords and tenants alike. The Renting Homes (Wales) Act 2016, introduced from December 1, is set to be the biggest shake up to housing laws in Wales for decades.
Pushed back from July 2022 in order to give the housing market more time to recover from the coronavirus pandemic, the act aims to improve how properties are rented, managed, and lived in and, according to Climate Change Minister Julie James, will make the renting process 'simpler and more transparent.'
However, as the start date of the new regulation approaches, the private rental market has been thrown into chaos. There are reports that landlords are choosing to leave the rental market completely, tenants being issued with short-notice evictions as landlords opt to evict before the new legislation is enforced, and housing supply pinch points meaning fierce competition for properties. You can read more about that here.
