CPS Homes

Let CPS Homes protect you against fixed-term to periodic contract pitfalls

Welsh Gov’s model ‘fixed-term written statement of occupation contract’ doesn’t make any reference to the fixed-term potentially becoming periodic later down the line, which exposes the landlord to big pitfalls if it does indeed become periodic:

  1. The landlord needs to give the contract-holder a new ‘periodic written statement of occupation contract’ within 14 days of the fixed-term ending. If they don’t, the contract-holder is able to claim back rent on a daily basis until it’s provided, up to 2 months’ rent.
  2. If the ‘periodic written statement of occupation contract’ is given late, i.e. after the 14-day deadline, the landlord can’t issue a possession notice for 6 months, starting with the date it is eventually given. That means at least one year from being able to begin possession proceedings in court, given the minimum notice period for possession is now 6 months.
  3. Any terms that may have amended when the 'fixed-term written statement of occupation contract' was issued will revert to the statue default when the contract becomes periodic.

Is your agent using Welsh Gov’s model or a variation that’s similar? 


We respect the Renting Homes (Wales) Act 2016 and all that comes with it, but there are a number of changes that can and should be made to Welsh Government’s model contracts in order to strengthen a landlord’s position, all whilst staying within the allowances of the law.

Transfer to CPS Homes to enjoy peace of mind and an extra layer of much-needed protection with the robust Occupation Contract drafted by our compliance team.  

Free management terms are available where your current agent may charge you for exiting your contract. To discuss transferring today, drop an email to our Director of Operations, Nikki Lewis via nikki.lewis@cpshomes.co.uk.


02 August 2023

    The information contained within this article was correct at the date of publishing and is not guaranteed to remain correct in the present day.

    Back

    Posts by date

    Sign up for updates

    By using this form, you agree with the storage and handling of your data in accordance with GDPR for the sole purpose of communication. We respect your privacy and will not share your data with third parties. For more information, please view our Privacy Policy.

    cwtch tile

    Festive opening hours 2024

    Festive opening hours 2024

    Festive opening hours 2024

    Please find our festive opening days and hours below: Woodville Road, Cathays branch Mon 23rd Dec: 9.30am - 2pm Christmas Eve: CLOSED Christmas Day: CLOSED Boxing Day: CLOSED Fri 27th Dec: 9.30am - 2pm Sat 28th Dec: …