Hello
Having issued NEW (substitute ) contracts to all of our 29 existing AST holders using the GRL tenancy builder - that's three weeks of our life we'll never get back! - we now learn that we need to issue 'conversion statements' to cover the period from 1 December 2022 to whatever date the new (substitute) contract started.
If we don't, we risk being 'fined' 2 months' rent by any clued up (or well advised - come in Shelter and no win, no fee lawyers - tenants).
Do I understand this correctly? I see you are about to raise the matter with the Welsh Government.
What do you advise us to do? Should we wait a couple of weeks to see if they amend the amendment, or do we now have to start to convert the already substituted contracts? Avoiding this nearly impossible task led us to issue the new (substitute) contracts - following your advice - in the first place.
I'm not blaming you - you can only advise on the situation as it is at the time.
But - if we do have to do this exercise, will you be offering any assistance? Secondly, how do we write into a contract, which is for a period that is already passed, that the contract has already been substituted before it has been signed?
We feel we are being set up to fail here - and have never felt so under attack in nearly 30 years of a landlord.
Hoping to receive calming advice from you...
Thanks - confused and frustrated
