The Tenant Fees Act sets out the government’s approach to the ban on letting fees and deposit capping in the private rented sector.
The ban on tenant fees will come into force on 1 June 2019.
The act aims to reduce the costs associated with tenancies and is part of a wider package of measures targeted to ‘rebalance the relationship between tenants and landlords to deliver a fairer, good quality and more affordable private rented sector.’
The aim is that at the advertised stage, tenants can clearly see all the associated charges on a tenancy with no hidden costs.
Local enforcement authorities have primary responsibility for enforcing this legislation. In addition to this, the Tenant Fees Act creates an independent lead enforcement authority to oversee the operation of letting agency legislation.
Bristol city council has been appointed as the lead enforcement authority for lettings.
The webinar on 22 May will help members answer any final questions agents may have about the technicalities of the legislation, said David Cox, chief executive, ARLA Propertymark, which is also offering a roadshow in Exeter on 30 May on the topic.