Latest news on the Tenant Fees Act 2019

[ad_1] On 1st June this year, the much-talked-about tenant fee ban came into force in England, under the Tenant Fees Act. This means: Landlords and letting agents are not permitted to charge tenants for anything other than: An administration fee when the tenant requests a change or early termination of a tenancy Utilities, communication services…

What are permitted payments?

[ad_1] What permitted payments can be charged? A refundable tenancy deposit – capped at no more than five weeks rent if your annual rent is less than £50,000 or six weeks if your annual rent is above £50,000  A refundable holding deposit – capped at no more than one weeks rent  Payments to change the…

I am a landlord who manages my own property

[ad_1] You can only ask a Tenant to pay the “permitted payments” (not fees) as outlined in our permitted payments article. Private Landlords from the 1 June 2019 will be responsible for all the costs associated with setting up, renewing or ending a tenancy (i.e. referencing individuals, administration, inventory, renewal and check out fees). Any breach…