As England has been getting used to the Tenant Fee Ban over the last few months, In Wales the fee ban comes into force on 1 September, with some key differences. Unlike England, there is no cap on the security deposit, one very major difference given the amount of work English agents are having to do in relation to security deposits.
Five weeks ago the Government introduced one of the most pivotal pieces of legislation to impact the Private Rented Sector in England - the Tenant Fees Act 2019 (TFA 2019).Read More
Anticipating change or the next episode of Game of Thrones can be quite traumatic. Since Phillip Hammond’s announcement in his Autumn Statement which feels light years away, there has been a lot of deliberation over what can and cannot be charged , the impact on the Private Rented Sector, the impact on not only SMEs but all agency types and most important of all the impact on tenants.Read More
On the 12th February 2019 the Ministry of Housing announced the date that the Tenant Fees Act 2019 would become law on the 1st June 2019. Whilst drafts of what the Act would include had been published, the guidance was highly anticipated in order for Landlords, Letting Agents, Property Managers and Tenants to be aware of exactly what this new piece of Legislation would include.Read More
Here we are, just two years and two months after Philip Hammond announced fees charged to tenants by landlords and letting agents would be banned. We have read and commented on the content of the Draft Legislation, given opinion on the pros and cons, suggested alternatives and after Christmas recess, we were given a date - 1st June 2019Read More
The Act revives a clause in the Landlord and Tenant Act 1985, requiring all rented homes to be ‘fit for human habitation’ at the start of the tenancy and throughout the duration of the tenancy. We have all been used to the LTA 1985 – Section 11 – as it’s the go to piece of legislation for Property Managers.Read More