Myth-busting – Electrical Safety installations Act 202011:19 AM, 3rd August 2020
About 2 days ago 44
Government press release on the action to end letting fees.
New Housing Secretary Rt Hon James Brokenshire MP said: “This government is determined to build a housing market fit for the future. Tenants across the country should not be stung by unexpected costs.
“That’s why we’re delivering our promise to ban letting fees, alongside other measures to make renting fairer and more transparent.”
Key Measures of the Bill:
Bring an end to letting fees and save tenants around £240 million a year, according to government figures.
The deposit at the start of the tenancy cannot exceed 6 weeks’ rent.
Alongside rent and deposits, agents and landlords will only be permitted to charge tenants fees associated with:
All proposals relate to England only. The ban on letting fees will apply to assured shorthold tenancies and licences to occupy in the private rented sector.
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