The government says it will not reveal an implementation date for the banning on agents’ fees on tenants in England until after the measure has been given Royal Assent and becomes law - and that’s likely to be some weeks from now.
The Tenant Fees Bill goes to the House of Lords on January 15 for its Third Reading - this is the final chance for the Lords to amend the measure.
Shortly before Christmas, at its Report Stage in the House of Lords, the government laid amendments that lowered the deposit cap to no more than five weeks’ rent for properties with an annual rent of less than £50,000. “We believe these amendments strike a fair balance between improving affordability for tenants whilst ensuring that landlords and agents have the financial security they need” says a statement from from Ministry of Housing, Communities and Local Government.
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