With effect from 1st June landlords or Letting agents will have to comply with the Tenant Fee Act!
What does that mean for you?
✅You will NOT be charged an admin fee at the beginning of a tenancy
✅You will NOT be charged to renew your tenancy
✅You will NOT be charged check out fees
✅You will NOT be charged for inventories and inspections
You MAY be charged a holding deposit
This is a maximum of 1 weeks rent to secure and hold the property.
It is refundable or can go towards the rent if you comply with the necessary timeframe and conditions.
It will be refunded if the agent or landlord unnecessarily pulls out.
You will NOT have the holding deposit returned if:
❌You take longer than 15 days to hand in all the required information, unless agreed by both parties.
❌You provide false or misleading information – Please make sure you are truthful on all applications.We are pleased to be offering you this service.