Shelter’s Income and expenditure figures highlighted13:57 PM, 4th February 2019
About 2 weeks ago 35
Discussions to change tenant deposit protection rules for landlords are going on behind closed doors, according to information leaked by the Residential Landlords Association.
After a succession of court rulings rubbishing current tenant deposit rules, the government wants to tighten up the law.
Lately, this process has resulted in proposals going out for consultation – but talks to change tenancy deposit protection laws do not seem to be receiving the same treatment.
The Residential Landlords Association (RLA) has revealed they are negotiating with the Communities and Local Government Department on the issue and expect changes as soon as October, but certainly by April.
The government is proposing:
“One concern that the RLA has is that the government currently intends the changes to be retrospective. The issue of failing to give tenants the ‘prescribed’ information also has to be addressed properly, in the RLA’s view,” said a spokesman.
“The RLA also believes that while the government is proposing a minimum penalty of the equivalent of one month’s rent, there may be instances where no penalty is appropriate.
“However, whilst the RLA continues to advise its members to continue to protect deposits and give their tenants the ‘prescribed’ information in line with the Housing Act, the RLA is doing its best to ensure that suitable amendments are made by Parliament.”
Judges and lawyers have suggested that most of the problems with tenant deposit protection rules involve inadequate and ambiguous wording in the legislation.
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
Our mission is to facilitate the sharing of best practice amongst UK landlords, tenants and letting agentsLearn More