Tenant Fees Act 2019

Filed in Breaking News, Landlords by on 7th April, 2017 6 Comments

The Government have now released their Tenant Fees Act 2019 Guide for Landlords and Agents.  Click here: Tenant Fees Act 2019 Guidance_for_Landlords & Agents.   

Click here for a copy of the Tenant Fees Act 2019.

The Tenant Fees Act 2019 will impact Letting Agents and Landlords.

An indepth understanding of the Act will be required for self managing landlords and letting agents.

All new AST’s and Licence agreements will need to be updated (to reflect the requirements of the Act) for new tenancies or fixed term tenancies signed after 1st June 2019.  Existing or periodic tenancies (statutory or contractual) will remain extant.

The government has announced the introduction of this Act to commence for new AST’s and Licensed Agreements from 1st June 2019.

Guidance on the Act to be issued.

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About the Author ()

Rob Crawford is the chairman of the Association of Local Landlords (Wessex). Rob is a practicing landlord with a property portfolio that includes small private residential properties and HMO's. Rob is a qualified letting agent and former owner of Kingfisher Lettings & Management. He is now a share holder of the successful online lettings company Lettingsupermarket.com.

Comments (6)

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  1. Felix Moore says:

    As a landlord I charge no fees to prospective tenants – however our letting agent may do so and will need to make a profit from managing my properties – I would rather the tenants paid a fee for this rather than increasing the sum I pay the agent…

  2. Rob Crawford says:

    Hi Felix, thanks for your e-mail. Please do ensure you reflect this in your response to the consultation paper. If you intend to increase the rent to cover this inevitable additional cost to you. please also mention this. Thanks Rob

  3. Anne Jarrett says:

    It is more transparent for tenants to know what they are paying than to just increase the rent to cover costs. I agree some letting agents charge too large a sum for fees, it would be better to cap the fees.

  4. Thank you for your email. I am a new landlord and just learning about legislation. I hope to increase our portfolio and learn from All Wessex.

  5. Marian Gilpin says:

    I charge no fees to prospective tenants, and accept the charge from the estate agent for finding and vetting a new tenant, as a landlord’s expense.

  6. Rob Crawford says:

    Hi Patty, great to hear from you. If not done already please do flick through our new articles. We try to cover all that is important as they arise. All the best with you portfolio.

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