Tag: Tenancy

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 …

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, …