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Tenant fees ban – just 135 days to go

Following the Third Reading in the House of Lords and the Bill is likely to receive Royal Assent in the coming weeks and come into force on 1st June.

Sheila Manchester

Lord Bourne of Aberystwyth Tenants Fee Ban image

It’s no mean feat to distract a significant number of UK citizens from the rigours of Brexit, but Lord Bourne of Aberystwyth did a good job of it, as he, on behalf of the government announced, on the afternoon of 15th January, that the Tenant Fees Bill will come into force in England on 1st June 2019. The announcement was made last night, Tuesday 14th January 2019, following the Third Reading in the House of Lords and the Bill is likely to receive Royal Assent in the coming weeks.

Speaking at The House of Lords, Lord Bourne of Aberystwyth said, “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.”

The sector has been waiting for legislative certainty and agents now need to ensure that they are fully up to speed and taking steps to implement changes.

Two minor and technical amendments were tabled by the Government, which both passed.

David Cox, Chief Executive, ARLA Propertymark, said, “With the Tenant Fees Bill completing its passage through the House of Lords this afternoon, it appears the Tenant Fees ban will come into force on 1st June 2019; subject to parliamentary scrutiny in the House of Commons.

“This now gives agents the legal certainty they need to prepare for a post tenant fees ban world. To learn about the intricacies of the legislation, we encourage agents to come to our Regional Meetings over the next few weeks and of course our annual Conference, where ARLA Propertymark will be doing everything it can to help agents plan and prepare for the introduction of the Bill.”

THE LEGISLATION

The final content of the legislation is not yet confirmed but both ARLA and the Residential Landlords Association have shared information to their members. The Negotiator will bring you further detail as soon as we receive it.

January 16, 2019

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