14 Sep Changes To Tenancy Agreements June 2019
TFA 2019 provides for the following penalties in case of non-compliance: anything that is not or does not exceed the amount indicated in Annex 1 of the TFA 2019. Only when the owner requests and receives a prohibited payment do the restrictions apply to the service of a section 21. If an owner makes such a request and receives a payment, the owner is not affected for the purposes of § 21. For example, compare rental deposit schemes in which the landlord is prevented (wrongly in our opinion) from using a section 21 if an agent does not protect or provides correct information. It is nice to see that this legislation is fairer in this regard. The Act defines the payments that a landlord or rental agent may require “under a housing rental agreement in England” and limits the third party contracts to which a tenant or guarantor of services and insurance must be bound. The purpose of the act is to reduce the costs that tenants can bear at the beginning and throughout the term of the lease. Tenants can see at a glance what a particular property will cost them in the advertised rent with no hidden fees. For rentals started before June 1, 2019, you can still collect a fee until May 31, 2020, but only if it was necessary under the existing lease. I understand that from June 1, 2019 the deposit cap for fixed-term contracts that will be extended by a different fixed term, but the official instructions and the article on Painsmith`s blog seem to suggest that the refund (excess deposit) must be made within 10 days, but I do not interpret the law or your article (28 days) in this way – I missed something. The law does not cover 10 days? Under the Ten Fees Act 2019, the amount of rental deposit that a lessor or broker can require is limited and depends on the entire annual rent for the property. Again, you cannot charge the tenant for professional cleaning at the end of their lease.
You can require the property to be cleaned to a professional standard, but not require the tenant to use a particular business. If the property is not left in an appropriate condition at the end of the lease, you can recover the costs of cleaning and/or repairing the tenant`s deposit as usual. It is also prohibited to require a tenant to enter into a contract with a third party for the provision of services (with the exception of pension or communication services) or to grant a loan to a person related to his lease. Thus, damage, such as . B repairs at the end of a lease, can be invoked. Note: This exception is only available to owners. It is not possible for an agent to bind a tenant to a utility or communication service by a separate agreement between him. Any rental agreement drawn up by the agent must be in the name of the owner, so that exemption is allowed in this case. WHAT ABOUT LEASES ENTERED INTO BEFORE JUNE 1, 2019? TFA 2019 also limits how holding deposits can be requested and processed and introduces additional obligations for rental agents (outside the scope of this blog).