Fees & Charges
On the 1st June 2019 the Tenant Fees Act 2019 comes into place in England. This means that as a tenant there are only certain payments you can be charged. These payments are:
a) the rent
b) 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
c) a refundable holding deposit (to reserve a property) capped at no more than one week’s rent
d) payments to change the tenancy when requested by the tenant, capped at £50, or reasonable costs incurred if higher
e) payments associated with early termination of the tenancy, when requested by the tenant
f) payments in respect of utilities, communication services, TV licence and council tax; and
g) A default fee for late payment of rent and replacement of a lost key/security device, where required under a tenancy agreement
For tenancies that started before the 1st June 2019 you can still be charged any fees that have been detailed and agreed to in your tenancy agreement until the 1st June 2020.
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