Date set for the Tenant Fee Ban!
June 1st 2019
An announcement made this afternoon by Lord Bourne or Aberystwyth, the Government’s housing spokesperson in the House of Lords has confirmed the date as the start of the tenant fee ban, during the Bill’s third reading.
He said: “It has been clear throughout that this is a Bill that will introduce important changes for the private rented sector.
“It is in all our interest to introduce this introduction as soon as possible.
“Implementation is subject to the parliamentary timetables and amendments need to be considered in the other place (the House of Commons.)
“We need to enable agents and landlords following Royal Assent to become compliant but we intend for the provisions to come into force on June 1st 2019.
“This would mean the ban on lettings fees would apply to all tenancies signed after this date.”
Peers backed the Bill, which passed its Third Reading and praised the work of everyone who worked on it.
Lord Kennedy said the Bill “leaves this House in a better position than when it arrived.”
Baroness Grender welcomed the Bill and said she was looking forward to the Government releasing guidance on how landlords and lettings agents could charge for damages.
Responding on this, Lord Bourne said allowing landlords to charge for damages “wouldn’t be a back door to default fees.”
He added that there is plenty of case law that damages are not meant to do anything more than put an innocent party back to their original place.
Interestingly this Bill was passed in just 16 seconds meaning not a single MP objected.
Now is the time to begin preparing for what this means to every landlord and letting agent in Snodland, Halling, Medway, Malling and Maidstone. We at CWB Property have already adjusted our systems to incorporate the ban without passing additional charges on to our clients and hope every other local agent can follow suit.
Failing to prepare is preparing to FAIL!!