Tenant Fee Ban
The tenant fee ban means that a landlord and/or letting agent will not be able to charge fees fee to their tenants before or during a tenancy. The act does not affect a landlords rights at the end of the tenancy in making a claim on the deposit.
As of June 1st 2019 the only payments that can be charged to the tenant are:
- The rent
- A refundable tenancy deposit capped at no more than five weeks’ rent where the annual rent is less than £50,000, or six weeks’ rent where the total annual rent is £50,000 or above
- A refundable holding deposit (to reserve a property) capped at no more than one week’s rent
- Payments to change the tenancy when requested by the tenant, capped at £50, or reasonable costs incurred if higher
- Payments associated with early termination of the tenancy, when requested by the tenant
- Payments in respect of utilities, communication services, TV licence and council tax; and
- A default fee for late payment of rent and replacement of a lost key/security device, where required under a tenancy agreement
All other fees not on this list, will be classed as a prohibited payment and you should not charge it. A prohibited payment is a payment outlawed under the ban.