A lessor can only request payment from a tenant if they are on the list of “authorized payments” in Schedule 1 of the TFA 2019. These are as follows: the 2019 Rental Fees Act can be a good thing if you go well. There are many other ways to generate revenue without burdening tenants, including references to insurance and replacement products. What about a deposit of more than 5 or 6 weeks (depending on the rent) taken for a rental contract granted before June 1, 2019? Does this have to be refunded within 28 days from 1 June 2020? The changes mean that if an agent belongs to a system, any money that is a rental deposit and is properly protected does not require any coverage by the system. If it is decided that the person who received the bond will not reimburse it, the person who paid it must be informed in writing of the reasons why the person who received it intends not to reimburse it within 7 days of the lessor`s decision not to enter into an agreement. If the written notification is not made within 7 days, the withholding deposit must be refunded (regardless of the right to withholding). If the landlord or agent decides not to refund a deposit on the basis of false information provided by the potential tenant, he must be sure that the misleading information is reasonable enough not to offer a rental agreement and that the statements must be inserted in the notification. If in doubt, it will probably be easier to simply repay the stop deposit and continue! If the payer is not terminated in writing within 7 days of the decision, the immobilization deposit must nevertheless be refunded. G. Payments relating to municipal tax, ancillary costs, a TV licence or the provision of communication services by the lessor, if these are payable by the tenant according to the terms of his rental contract. In case of doubt, it is advisable to be clarified by GOV.UK.
In addition, landlords, rental agents and tenants can read the government`s “Tenant Fees Act 2019: Guidance” here. As of June 1, 2020, this provision is no longer binding on the tenant, but the other provisions of the lease are maintained at full capacity. Rental bonds exceeding the ceiling must not be returned immediately, but must be returned at the end of the lease. Deposits made before 1 June 2020 do not fall within the scope of the TFA 2019 (and no enforcement action can be taken against them). No no. As with all other fees, you cannot collect an entry and exit fee in a rental agreement starting after June 1, 2019. If your tenant has a rental agreement that started before the ban and their lease or contract states that they must pay a registration or registration fee, you can continue to charge it until May 31, 2020. If the total annual rent exceeds £50,000 and is less than £100,000, landlords and agents can request up to six weeks of rental from tenants as a rental deposit. Thus, damage, such as . B repairs at the end of a lease, can be invoked.
As today, the law applies, so no prohibited payment can be used. Any provision of the agreement requiring prohibited payment is not binding….