Following recent public consultation the draft Tenants Fees Bill now published

The Department for Communities and Local Government yesterday 1st November 2017 published a Policy Paper ‘Draft Tenants Fees Bill’

The draft Tenant Fees Bill sets out the government’s approach to banning letting fees paid by tenants.

The draft bill will make renting fairer and easier for tenants by allowing them to see upfront what a given property will cost them in the advertised rent level without any additional costs. The bill will also introduce a lead enforcement authority in the lettings sector and cap security deposits at 6 weeks’ rent.

The draft bill reflects feedback from the recent public consultation.

Read the publication 1st November 2017 in full click here.

 

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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