Tag: rent

What does Coronavirus mean for landlords and tenants?

To read this article as a PDF, please click here. As a consequence of the COVID-19 outbreak we are all now living in unprecedented times. Shops selling non-essential goods have been forced to close.  People have been instructed to stay at home.  So what does this mean for landlords and tenants?   THE LAW, WHAT …

Tenancy Deposit – No such thing as too much information

Residential landlords must, where there are Assured Shorthold Tenancies (lettings to individuals with an annual rent of less than £100,000), hold the deposit in a statutory tenancy deposit protection scheme.  This applies to all new deposits held or ASTs entered into on or after 6 April 2007. There are two types of schemes: a custodial …

An immigration reminder

Although this legislation was brought in on 1 February 2016, landlords need to be reminded that they must check the immigration status of their tenants or licencees. Landlords must check under the Immigration Act (sections 20-37 and Schedule 3) the status of prospective tenants and other authorised occupiers before a residential tenancy is entered into, …

Tenants fee at 2019 reminder

Since the 1st June 2019 the Tenant Fees Act 2019 prohibits letting fees paid by tenants in the private rental sector and also caps tenancy deposits. The aim is to prevent landlords from charging tenants for anything other than rent, a tenancy deposit and a holding deposit. There are other permitted payments including interest charges, …