Permitted Fees & Charges

As of 1 June 2019, the Tenant Fees Act has limited the types of fees that landlords and letting agents can charge tenants. Here's a breakdown of the permitted fees:

The primary cost is the rent, which is agreed upon before the start of the tenancy.

A refundable deposit is capped at 5 weeks' rent for annual rents under £50,000 and 6 weeks' rent for those over £50,000.

To reserve a property, a refundable holding deposit capped at one week's rent is required.

If you request to terminate the tenancy early, associated costs will apply.

Any changes to the tenancy agreement are capped at £50 or the actual incurred costs if higher.

Payments for utilities, communication services, TV licence, and Council Tax are your responsibility.

Late payment of rent and replacement of lost keys or security devices are subject to default fees as outlined in the tenancy agreement.

By understanding these permitted fees, you can better plan your budget and avoid any unexpected costs during your tenancy.