For the last couple of months, the NRLA has advised members to wait before renewing converted contracts or issuing the written statement of the original contract. This was because we expected further legislation amending the converted contract rules to come into force before May 31st.
The Welsh Government has now published this draft legislation which makes a number of important clarifications to clear up the grey areas around Schedule 12. These clarifications do mean more work for landlords though. NRLA Policy Manager James Wood explains what landlords in Wales need to know.