Landlord and Tenant – The new Tenant Fees Act

A new act came into force recently that has a profound effect on the rental market. It’s relevant not just for landlords and tenants, but for agencies that, to date, have made a very nice little living out of charging tenancy fees and administration costs for rentals. These fees have affected both tenants and landlords, who have had to fork out hundreds if not thousands of pounds in fees and agency costs. Now, under the Tenant Fees Act 2019, all tenant payments are banned by default unless the Act specifically makes allowances…

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…

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