Tenants will be protected from unfair letting fees and
will see their tenancy deposits capped at 5 weeks’ rent thanks to a new law.
Unexpected letting fees and high deposits can make properties harder for
people to afford and are often not clearly explained upfront – leaving many
prospective tenants unaware of the true costs of renting a property. The Tenant
Fees Bill, which has received Royal Assent, puts an end to costly fees imposed
by landlords or agents – with the ban on fees to come into effect from 1 June.
It is expected to save tenants across England at least £240 million a year, or
up to £70 per household. Read more on the MHCLG website.
https://www.gov.uk/government/news/james-brokenshire-heralds-new-law-protecting-tenants-from-unfair-letting-fees
Sunak and Gove accused of caving in to lobbying in favour of landlords
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Opposition MPs criticise changes to renters’ reform bill, which cast doubt
on removal of no-fault evictions
Rishi Sunak and Michael Gove have been accuse...
14 hours ago
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