LANDLORD UPDATE: Tenant Fee Ban
Tenant Fees Ban comes into force from 1 June 2019
On the 15th January 2019 government announced that the Tenant Fees Bill will come into force in England on 1 June 2019. Following the Third Reading in the House of Lords, the Bill is likely to receive Royal Assent in the coming weeks.
Speaking to the Lords, Lord Bourne of Aberystwyth said:
“We need to enable agents and landlords following Royal Assent to become compliant, but we intend for the provisions to come into force on June 1st 2019.
“This would mean the ban on lettings fees would apply to all tenancies signed after this date.”
The sector has been waiting for legislative certainty and agents now need to ensure that they are fully up to speed and taking steps to implement changes.
We will update this page when we know more