What Has Changed in the Tenants Fees Act in 2020?

The Tenant Fees Act is a year old and, following 12 months of being applied to new tenancies, it is now the law for all tenancies. This transition process was always intended to come to a halt at the end of May 2020, so letting agents and landlords have had notice that ongoing rentals will be affected, but it is worth recapping what is involved. This is why we have put together a guide to what has changed to the Tenants Fees Act in 2020. The government introduced the Act to prevent landlords and letting agents charging tenants for the costs of referencing, creating inventories, carrying out credit checks and a host of other fees. The only fees allowable now are rental payments, a security de

What Might Be The Long-Term Effects of Coronavirus on the Lettings Industry?

It is safe to say that the Coronavirus pandemic of 2020 will have a long lasting impact on all aspects of our lives. As we move forwards, we must learn from the experiences we have shared and use that as a basis for recovering and rebuilding. This is as true of the rental sector as it is of any other area, but what might be the long-term effects of Coronavirus on the lettings industry? As previously discussed on this blog, social distancing rules and shielding have led to many landlords and letting agents not being able to access their properties for repairs or mandatory checks. Moving home has also become more difficult, with face-to-face viewings not being possible due to the lock down. Bu

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LET'S TALK!

To discuss our services further, or to arrange a meeting,  feel free to contact Kareen by phone, email,  or simply use the message form

kareen@executivepm.co.uk

 

0208 5757630

 

LET'S TALK!

To discuss our services further, or to arrange a meeting,  feel free to contact Kareen by phone, email,  or simply use the message form

kareen@executivepm.co.uk

 

0208 5757630