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Tags: Tennant Fees Act

‘Fees Fees, tell me more’ – New Tenant Fees Act

VOICES tenant fees act 2
By Geoff Davies, Housing Advice Specialist, Citizens Advice Staffordshire North and Stoke on Trent   The new Tenant Fees Act comes into force on the 1st June capping the amount that renters can be charged for a deposit and banning letting fees altogether as part of the Government’s bid to reduce hidden costs for tenants.   The Government expects to save tenants across England at least £240 million a year through the changes. The new act applies to new tenancies, including replacement tenancies entered into on or after the 1st June 2019.  It will then apply to other existing tenancies from the 1st June 2020. If a tenant entered into a tenancy before 1 June 2019, a landlord or agent will still be able to charge fees up until 31 May 2020, but only where these are required under an existing tenancy agreement. This might include, for example, fees to renew a fixed-term agreement where a tenant had already agreed to pay these. The ban applies to all assured shorthold tenancies, tenancies of student accommodation and licences to occupy housing in the private rented sector in England. Most tenancies in the private rented sector are assured shorthold tenancies   Under the new legislation the only payments in connection with… Continue Reading

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