Transfer a Secure Contract (Mutual Exchange)
A Transfer of a Secure Contract is when two or more tenants agree to swap their tenancies with their landlords permission This used to be referred to as a ‘mutual exchange’ .
Tenants can swap/ transfer (exchange) with one other tenant or more.
Everyone involved in a swap transfer (exchange) must get a written permission from their landlord and sign all relevant legal documents before the transfer.
If you move before signing all legal paperwork the transfer will be void and we will ask you to move back.
Who can exchange
- Only secure contract holders have the right to transfer their contract to another secure contract holder, but you must ask for our permission first. (This does not include any market rent, Intermediate, or Rent to Own properties).
- With our permission, contract holders can transfer their contract to another secure contract holder of a community landlord. A community landlord is usually either the local Council, or a housing association (like Grŵp Cynefin, North Wales Housing or us)
Not sure if you are a secure contract holder?
How to transfer
If you’re interested in transferring your contract, you can usually find others to transfer with online, on local social media groups etc.
Once you’ve found a potential transfer, you can ask for permission by completing an application form and returning it to us.
Download a transfer form (word)
Download a transfer form (pdf)
Once we’ve received the application form, we will carry out the relevant checks on our side and report back to you with our initial decision within one month.
Things that we will consider when making our decision
- The size of the property, whether it’s too big or too small.
- How suitable the property is, including any adaptations that have been made to it.
- Any on-going problems with the contract, such as any rent-arrears or anti-social behaviour.
- The condition of the property, and whether anything needs to be repaired or sorted out first.
If you would like more information about the process, please get in touch.