How the Tenant Fees Act 2019 Affects You
With the introduction of the Tenant Fees Act 2019, there are new restrictions on the types of fees that property owners can charge when renting out a residential property. This act will affect new tenancies and renewals of tenancies after 1st June 2019.
Property owners may still request tenants pay the following types of fees:
- Refundable deposits capped at five to six weeks’ rent (depending on the yearly rent totals
- Refundable holding deposits capped at one week’s rent
- Payments for early termination of tenancy (when requested by the tenant
- Payments for utilities, communication services, TV licence and Council Tax
- Default fees for late rent payments
- Default fees for lost keys or secure entry devices
New requests for other types of payments such as fees for applications, arranging the viewing, or doing reference checks are now unlawful if charged after 1st June 2019. However, if other types of fees were listed within a contract signed prior to 1st June 2019, then these fees can still be charged up until 31st May 2020, or until the contract is renewed. For full understanding, please read through the legislature page.
Note: These rules only apply to residential properties. Commercial properties for rent are not covered by the Tenant Fees Act 2019.
If you see any private rental ads requesting these types of fees, please report it to your local Trading Standards office.