Tenant Fee Ban Begins

On Saturday 1st June 2019 a ban on admin fees charged by landlords and letting agents comes into force in England. It was first proposed in 2016 by the Chancellor in his Autumn Statement and received a Royal Ascent on 12th February. This ban effectively means that landlords and letting agents will no longer be able to charge hundreds of pounds to let a property.

Landlord or a Letting Agent cannot require a tenant (or anyone acting on their behalf or guaranteeing their rent) to make certain payments in connection with a tenancy. You cannot require them to enter a contract with a third party or make a loan in connection with a tenancy.

So what exactly are landlords and letting agents allowed to charge?

According to the guidance published by the Government the only payments that can be charged in connection with a tenancy are:

  • the rent
  • a refundable tenancy deposit capped at no more than five weeks’ rent where
    the annual rent is less than £50,000, or six weeks’ rent where the total annual
    rent is £50,000 or above
  • a refundable holding deposit (to reserve a property) capped at no more than
    one week’s rent
  • payments to change the tenancy when requested by the tenant, capped at
    £50, or reasonable costs incurred if higher
    payments associated with early termination of the tenancy, when requested
    by the tenant
  • payments in respect of utilities, communication services, TV licence and
    council tax
  • a default fee for late payment of rent and replacement of a lost key/security
    device, where required under a tenancy agreement

If the fee you are charging is not on this list, it is a prohibited payment and you
should not charge it. A prohibited payment is a payment outlawed under the ban.

What about existing tenancies?

If a tenancy agreement was entered before 1 June 2019, you can continue to
require a tenant to pay fees written into that agreement (e.g. check-out or renewal
fees) until 31 May 2020.

Who will ensure this is enforced?

Duty to enforce ban will fall under  Trading Standards authorities  but district councils that are not Trading Standards authorities will also have power to enforce if they choose
to do so.

What happens if a landlord/letting agent does not comply?

A breach of the legislation will usually be a civil offence with a financial penalty of up
to £5,000, but if a further breach is committed within 5 years of the imposition of a
financial penalty or conviction for a previous breach this will be a criminal offence.

 

 

Nothing on this website should be considered as advice. Contains information excerpted from Tenant Fees Act available under  Open Government Licence v3.0
Photo by Suzy Hazelwood from Pexels

Top 10 Data Hungry Postcodes

Internet is undoubtedly a huge part of our lives. We analysed latest data from Ofcom’s Connected Nations 2018 report and looked at where the most data was being downloaded. Find the results below. You can find more information on CheckMyStreet.

Data usage refers to both uploaded and downloaded data in GB for all connections in that postcode.

Postcode Average data usage (GB)
CB4 2WT (Cambridge) 165,408
NG19 9JB (Mansfield) 117,678
KT20 5RP (Tadworth) 51,624
EN9 3BW (Waltham Abbey) 42,169
PL26 6SB (St Austell) 39,899
MK13 7EY 37,365
NG13 9NA (Nottingham) 36835
SE3 9RR (London) 35,820
PO15 6QZ (Fareham) 33,400
KT13 9SZ (Weybridge) 32,793

 

 

Contains information licensed by the Office of Communications.

Why Should You Use Check My Street Before Buying a New Home?

Before you go ahead and buy a new home, it’s important to have a lot of information about the property and the local area. Instead of simply buying a property and moving in straight away, take the time to research it using Check My Street.

 

Check My Street is Here to Help

At Check My Street, we understand that buying a new property is a stressful and daunting process. Not only do you have to find a new home that offers everything you need from a house, you also need to find it in an area that you want to live in. This isn’t always easy, especially if you are moving somewhere completely new. This is where Check My Street comes in. With a vast amount of information about properties and local amenities, we’re able to provide you with a great deal of information before you buy a new home. Instead of buying and hoping for the best, you can buy knowing all there is to know about where you’ll be moving to.

 

When you use our website, you’ll see just how easy it is to find out everything that you need to know. There’s no need to scour the web doing your own research, as everything is listed in one place. All you need to do is search for your postcode and see what we have to say. You’ll find information on local transport links, broadband speed and the local area. We even have the latest crime statistics, which help you to get an overall feed of a new area before you move.

 

If you’re more interested in what other properties have been sold for, Check My Street has this information to. We even have average monthly rent information for anyone who’s buying a home with the plan to rent it out. It really doesn’t matter where you’re moving to or what you’re planning to do with the property, Check My Street tells you everything that you need to know.

 

To find out more about using Check My Street, get in touch. Alternatively, search for your postcode and find out more.