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Understanding the Tenant Fees Act 2019

The Tenant Fees Act 2019 commences from 1 June 2019 and applies to England only (for the time being as it has the ability to extend to Wales).

The Act controls what payments a landlord or letting agent may require “in connection with a tenancy of housing in England.” and restricting what third-party contracts a tenant or guarantor may be required to be bound by for services and insurance.

The starting point to understand is that ALL payments are essentially prohibited unless the payment is expressly “permitted” under the Act. For example, rent and deposits are permitted under the Act but even they have restrictions (yes, even rent has some restrictions).

To continue with this article Click this link - https://www.landlordsguild.com/understanding-the-tenant-fees-act-2019/

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