Thursday, 29 March 2018

Changes To Draft Tenant Fees Bill Make PRS ‘More Affordable’

Banning fees imposed on tenants by landlords and lettings agents in the private rented sector has the potential to save renters hundreds of pounds – but the proposed legislation could be improved to make the market both fairer and more transparent, the HCLG Committee has concluded. A report on the Government’s draft Tenant Fees Bill welcomes the aims of the proposals but recommends the maximum amount that can be charged as a security deposit be lowered from the proposed six weeks’ worth of rent and calls for more funding for enforcement. But Residential Landlords Association (RLA) believes lowering the cap makes it easier for the minority of tenants who cheat landlords out of the rent they owe. Read more on 24housing.

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