The Tenant Fees Act 2019 comes in to effect on the 1st June 2019 bringing sweeping changes to the what agents and landlords can charge tenants wanting to rent properties. The fines for failure to comply are substantial. Full details and guidance notes can be found Tenant Fees Act 2019
The act has been introduced to stop the many agents that charged very high fees to tenants to suppliment their income, and as a result of the ban, a great many agents will have no choice but to pass these costs on to thier Landlords resulitng in them paying higher fees in order to minimise the loss. As our ageny was never set up on that model, our fees remail unchanged and will now be even more competitive in this ever chaning market.
If you are a landlord being hit with increased agent fees, why not give our team a call on 0161 826 9190 to see what we can do for you.