We have known it was coming for over two years and now, the Tenant Fee Ban is in place in England.
Tenants can only be asked to pay the rent and a five week deposit when taking a new tenancy. Charges for referencing, additional charges for permission to have pets and numerous other charges are now "prohibited".
This has made the private rental sector more accessible to many prospective tenants as they are not having to stump up for letting agent fees as well as rent and a deposit when the move in. Only time will tell as to the long-term effects of the ban.
If you have any queries, please do contact the Landlord and Tenant Team at Dutton Gregory.
A ban on "unfair" fees charged by lettings agents to tenants in England has started, two-and-a-half years after the plan was first announced. It means tenants will no longer face fees for services including viewings, credit checks, references and setting up a tenancy. Citizens Advice claims people renting privately in England have collectively been paying £13m a month in these fees. Landlords say rents could rise and choice fall as a result of the ban.