2019 No. 1493 (W. 272)
The Renting Homes (Fees etc.) (Holding Deposit) (Specified Information) (Wales) Regulations 2019
Made
Laid before the National Assembly for Wales
Coming into force in accordance with regulation 1(2)
The Welsh Ministers, in exercise of the power conferred on them by paragraph 11(3) and (4) of Schedule 2 to the Renting Homes (Fees etc.) (Wales) Act 20191, make the following Regulations.
Title and commencementI1I31
1
The title of these Regulations is the Renting Homes (Fees etc.) (Holding Deposit) (Specified Information) (Wales) Regulations 2019.
2
These Regulations come into force on 10 December 2019 for the purpose of regulation 2 and 28 February 2020 for all other purposes.
RevocationI22
The Renting Homes (Fees etc.) (Specified Information) (Wales) Regulations 20192 are revoked.
Specified informationI43
1
These Regulations specify information which a landlord (or if instructed, their letting agent) must provide to a prospective contract-holder3 before a holding deposit4 is paid to the landlord or letting agent in respect of a standard occupation contract and the way in which that information must be provided.
2
The following information must be provided to a prospective contract-holder—
a
amount of holding deposit5,
b
address of the dwelling in respect of which the deposit is paid,
c
where a holding deposit is to be paid to a letting agent, the name and contact details of that letting agent,
d
where a holding deposit is to be paid to a landlord, the name and contact details of that landlord,
e
duration of the contract,
f
proposed occupation date,
g
amount of rent or other consideration,
h
rental period,
i
any proposed additional contract terms or proposed modifications to fundamental or supplementary terms or terms proposed to be omitted from the contract,
j
amount of any security deposit,
k
whether a guarantor is required and, if so, any relevant conditions,
l
reference checks the landlord (or letting agent) will undertake, and
m
information the landlord or letting agent requires from the prospective contract-holder.
3
The information must be provided to a prospective contract-holder in writing and may be given in person or provided by electronic means if the prospective contract-holder consents to receiving it electronically.
(This note is not part of the Regulations)