Private Rented Sector Buy to Let Consultants
From 1st June 2019, landlords and letting agents will no longer be able to charge tenants fees for many of the things they used to charge for. The Tenant Fees Act controls what payments landlords or letting agents can ask for in England. Basically, ALL payments are prohibited unless it is a payment for something that is expressly allowed for […]
Read moreHow Much Should A Landlord Charge for a Reservation Fee? So you have found a good tenant. You have done all the checks you normally do on them. You have established from looking at their bank statements and from the credit check that they can afford the rent comfortably and they are not indebted already. You have obtained and followed up […]
Read moreTenant Fees Banned In the latest intervention, (or interference, if you prefer), in the private rented sector, the government is consulting on placing a ban on letting agents charging tenants fees. Though it is letting agents who were specifically mentioned by new suit Chancellor, Phillip Hammond, in the Autumn Statement, we expect that this ban will also apply to landlords who operate direct (say, via an […]
Read moreBanning landlords and letting agents from charging fees to tenants simply highlights the fact that many tenants don’t know their consumer rights. Government and local government should be doing more to help tenants and landlords know their rights instead of introducing unnecessary new legislation says David Lawrenson of www.LetttingFocus.com Often tenants are charged for referencing, credit check and inventory costs […]
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