The Ban on Letting Agent Fees

man and wallet

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England

Following agreement by both Houses of Parliament on the text of the Tenant Fees Bill it received Royal Assent on 12 February. The Bill is now an Act of Parliament and known as the Tenant Fees Act 2019.

The Tenant Fees Act outlines the Government’s approach to banning letting fees paid by tenants in the private rented sector and capping tenancy deposits.

The ban on tenant fees comes into force on 1 June 2019. Find out more via ARLA Propertymark’s Tenant Fees Toolkit.

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 Wales

Wales

On 27 March 2019, the Renting Homes (Fees etc) (Wales) Bill passed its final hurdle (Stage 4) in the Welsh Assembly. The Bill permits letting agents and landlords to only charge fees relating to rent, security deposits, holding deposits, or when a tenant breaches a contract. In April, the Welsh Government confirmed that they anticipate Royal Assent for the Renting Homes (Wales) (Fees etc.) Bill to be received in May. This means, provided this timetable is kept, the ban on fees will commence on 1 September 2019.

To find out more about the new law attend one of our Regional Meetings. The North Wales Regional Meeting takes place on 10 June with spaces filling up fast, make sure to book your place.

We will be updating the Renting Homes (Fees etc.) (Wales) Bill Fact Sheet, which will be made available when the Bill receives Royal Assent.

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