Tenant Fees Act

The new Act prevents landlords from charging deposits worth over five weeks’ rent, while letting fees are banned. Charges for damages will not be allowed, unless there is ample evidence of costs produced. 

Property experts say that, while on the surface
the Tenant Fees Act seems like an extra layer of protection for tenants, it could end up costing them more money. 

Ian Narbeth, solicitor at DMH Stallard, said: “Letting agents are grappling with the Tenant Fees Act which, from 1st June, outlaws fees for referencing, check-in, inventory and check-out. 

As the Tenant Fees Act came into force on June 1, a property expert has warned the legislation could be “throwing the baby out with the bathwater” and will put extra strain on already over-burdened councils and housing associations.

The new Act prevents landlords from charging deposits worth over five weeks’ rent, while letting fees are banned. Charges for damages will not be allowed, unless there is ample evidence of costs produced.