{"id":2397,"date":"2019-05-20T10:40:22","date_gmt":"2019-05-20T10:40:22","guid":{"rendered":"http:\/\/www.helloacasa.com\/acasa-blog\/?p=2397"},"modified":"2019-07-06T19:21:58","modified_gmt":"2019-07-06T19:21:58","slug":"what-you-need-to-know-about-the-tenant-fee-bill","status":"publish","type":"post","link":"https:\/\/www.helloacasa.com\/acasa-blog\/2019\/05\/20\/what-you-need-to-know-about-the-tenant-fee-bill\/","title":{"rendered":"What you need to know about the tenant fee bill"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">As a tenant, you might have heard of the tenant fee bill, maybe you haven\u2019t. The <\/span><a href=\"https:\/\/blog.fixflo.com\/the-tenant-fee-bill-what-it-is-what-it-means-for-the-lettings-industry\"><span style=\"font-weight: 400;\">Tenant Fee Bill<\/span><\/a><span style=\"font-weight: 400;\"> (aka tenant fee ban) is an act of parliament that has been shaking up the lettings industry and could change the way we do residential lettings in the UK. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">So what is it and what do you need to know?<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">What is the tenant fee bill?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Up until now, letting agents and landlords have been able to charge pretty much whatever they like for admin charges, inventory checks and a whole host of other random fees. All that is set to change.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As of June 2019, most of these familiar charges will be \u2018prohibited payments\u2019. In fact, there will be only six permitted payments that landlords and letting agents will be allowed to charge. They are:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Rent<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">A deposit of no more than five weeks rent<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">A holding deposit of no more than one weeks rent<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Reasonable charges for a lost key or security fob<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Charges for defaulting on your rent payment (or other agreed payments)<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Changes to tenancy agreement, such as adding a new tenant, or ending the tenancy early<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">Is there anything else I can be charged for?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">As always, if you damage the property beyond normal wear and tear, the landlord or letting agent can bill you for the damage. So if you\u2019re throwing a wild party, or you decide you quite fancy a more open plan kitchen (just get rid of that partition wall!) then you could end up footing the bill to put right any damage.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Your deposit should still be kept in a protected scheme, but the landlord has ten days before they have to refund you. So if there are any outstanding bills or other issues with the property, this can be deducted from your rent, although you need to agree to it first.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Savvy lettings agents are increasingly moving to a more all inclusive model, meaning that they\u2019re bundling in extras such as utilities or frills such as gym membership. So long as you\u2019re given the option to sign up and it\u2019s not a required extra, it\u2019s all good.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There is a bit of a grey area around providing a third party service and charging commission (basically it isn\u2019t mentioned in the legal documentation). But, if a letting agent offers cleaning, removals or other services as part of their package, so long as you can choose to use it, they\u2019re within their rights.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The key word here. Choice. Besides those \u2018permitted payments\u2019, anything else should be optional.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">When does it come into effect?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The Tenant Fee Bill is due to go live on the 1st June 2019. After this date, any administration charges, inventory, credit checks or any other fees not under the \u2018permitted charges\u2019 section will become prohibited.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you sign a tenancy agreement on the 31st May 2019, you could still be charged all of these fees legally. Maybe hold off for a few days\u2026<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If your tenancy started before the 1st June 2019 and you\u2019ve been charged fees in advance, such as a check out fee, this isn\u2019t due to be refunded. BUT\u2026 On the 1st June 2020, the fee ban will then apply to these older fees and they will need to be refunded to you. <\/span><\/p>\n<h2><span style=\"font-weight: 400;\">What do I do if I get charged fees by a letting agent?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Most legit lettings agents are on the ball and started to operate under Tenant Fee Bill rules before the legislation went live. No fees and all inclusive are the buzzwords of the moment.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, that\u2019s not to say some unscrupulous landlord isn\u2019t going to try and charge their tenants an underhand fee in the hope they can plead ignorance. If you think you\u2019ve been charged then contact either your local authority or the Citizens Advice Bureau. Or, if they say they\u2019re going to charge you for referencing, politely remind them they could be fined \u00a35,000. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As a tenant, you might have heard of the tenant fee bill, maybe you haven\u2019t. The Tenant Fee Bill (aka tenant fee ban) is an act of parliament that has been shaking up the lettings industry and could change the way we do residential lettings in the UK. So what is it and what do [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2322,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,13,15,1],"tags":[],"class_list":["post-2397","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-houses-for-rent","category-moving","category-personal-finance","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What you need to know about the tenant fee bill - acasa Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.helloacasa.com\/acasa-blog\/2019\/05\/20\/what-you-need-to-know-about-the-tenant-fee-bill\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What you need to know about the tenant fee bill - acasa Blog\" \/>\n<meta property=\"og:description\" content=\"As a tenant, you might have heard of the tenant fee bill, maybe you haven\u2019t. 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