The Ban on Letting Agent Fees

man and wallet

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England

On Tuesday 2 May 2018 the Government introduced the Tenant Fees Bill to Parliament, it was announced on 15 January 2019 that the Tenant Fees Ban will come into force on 1 June 2019. The Tenant Fees Act received Royal Assent and became law on 12 February 2019.

The Tenant Fees Act reflects feedback from the recent public consultation which ran from April to June 2017 and received over 4,700 responses.

A draft Tenant Fees Bill was published on 1 November 2017 and was followed by pre-legislative scrutiny by the Housing, Communities and Local Government Select Committee who published their report on 29 March 2018. 

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 Wales

Wales

On Tuesday 12 June 2018 the Welsh Government introduced the Renting Homes (Fees etc.) (Wales) Bill to ban fees charged in the private rented sector. 

The Bill will ban tenants from being charged for an accompanied viewing, receiving an inventory, signing a contract, or renewing a tenancy. It will allow letting agents and landlords to only charge fees relating to rent, security deposits, holding deposits, or when a tenant breaches a contract.

The Bill will also provide a regulation-making power to limit the level of security deposits and cap holding deposits to the equivalent of one week’s rent.

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