02 Jun The Tenant Fees Act 2019 – An Update
Following the three-part Tenant Fees Act 2019 series, Samuel Okoronkwo Jr gives an update on what tenants should look out for from 1 June 2020.
The Tenant Fees Act 2019 (“the 2019 Act”) prohibited certain payments that landlords and letting agents could charge tenants under any new tenancies in England caught by the Act from 1 June 2019. However, if a tenancy was granted before 1 June 2019, payments which may be prohibited under the Act could still be charged but only until 31 May 2020.
Therefore, from 1 June 2020, all tenancies and licences caught by the Act will be affected.
To find out, the Application of the Ban; the Scope of the Ban; What Is/Isn’t Banned; and Enforcement of the Ban, click here.
To understand how Rents and Deposits are effected by the ban, click here.
For more information, how the 2019 Act affects Changes to a Tenancy; Breach of a Tenancy; and Section 21 Notices, click here.
Letting agents should also beware. The Consumer Rights Act 2015 has been amended requiring all letting agents to publish their fees, where they advertise on third party websites, such as Zoopla; Prime Location; and Rightmove.
If a landlord or letting agent fails to comply with the 2019 Act, they will face fines of up to £5,000 for a summary offence and further fines or a criminal conviction for multiple offences.
So, if you are a landlord, tenant or agent and require specific advice from our barristers on the Tenant Fees Act 2019, please get in touch by booking a consultation with a barrister; email us at email@example.com; or telephone us on 0203 034 0077.