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It’s worth noting the law has just changed on this. A year ago, the English Government introduced a ban on tenant fees on all new tenancies.
As part of this legislation, a one-year transition period covering pre-existing tenancies was granted.
This period has now finished meaning that tenant fees – regardless of when the contract was signed – cannot be charged.❌
Fees that fall into this category include charges for renewing a tenancy agreement, guarantor requests or credit checks.
If you have a tenancy agreement that pre-dates June 2019, contact us ? for advice to ensure you’re doing the right thing.
Breach the law, and you face a £5,000 fine for a first offence. Get caught again within five years, and it’s a criminal offence ?♂️ and an unlimited fine. ?
We are all about keeping our landlords on the right side of the regulatory fence, so if you have any questions whatsoever get in touch today.
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