Old Fees New Rules

The Tenant Fees Act 2019 (“the Act”), is a new piece of legislation banning certain types of fees in relation to the private rental sector, and came into force from 1st June 2019. This is part of a series of reforms to increase transparency within the private rental sector for residential tenants. We explain below who the ban applies to and which fees are banned. WHO THE BAN APPLIES TO? Currently the ban will only affect landlords, agents and tenants in England, in relation to the following types of tenancies: Assured shorthold…

The Tenant Fees Act 2019

For all assured shorthold tenancies, tenancies of student accommodation and most licences to occupy, which are entered into on or after 1st June 2019, The Tenant Fees Act 2019 will limit what a landlord can charge tenants. As a result of the Act, tenants will now face reduced costs when starting a new tenancy on or after the 1st June 2019. Prohibited Payments Landlords will only be permitted to charge seven different types of payment in connection with any of the tenancies mentioned above which are entered into from the…

Powered by How to backup and restore wordpress site

error: Content is protected !!