Fees Ban now definite in Wales too – from the autumn

Fees Ban now definite in Wales too – from the autumn


Todays other news


The Renting Homes (Fees etc) (Wales) Bill passed its final hurdle in the Welsh Assembly yesterday evening.

This has similar policies to those of the Tenant Fees Act coming to force in England in June and also includes powers to cap both types of deposit.

Breaches could result in a £500 fixed penalty, or unlimited fines, and the risk of being banned from the compulsory licensing system enshrined in the Rent Smart Wales scheme.

A message overnight from the Association of Residential Letting Agents has called for members in Wales to continue with their preparations for a post-tenant fees world.

 

The Bill will receive Royal Assent in the coming weeks, before being passed into law and implemented in the autumn.

During the debate, the Welsh Government’s Housing and Local Government Minister, Julie James AM, said: “The Bill rebalances the relationship between tenant, agent and landlord, removing any doubt about which costs need to be budgeted for when renting.”

 

Share this article ...

Join the conversation: Login and have your say

Subscribe to comments
Notify of
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
The immediate part president of ARLA Propertymark says the government...
Rental sector group iHowz has prepared a briefing paper urging...
A senior Propertymark figure says letting agents up and down...
The biggest rental sector headline from Labour’s manifesto may well...
Although much focus is on the Bank of England and...
A new Renters' Rights Bill is to be introduced into...
Recommended for you
Latest Features
PropTech big-names Reapit and Homesearch have signed a strategic partnership...
Quicklet has acquired the rental portfolio of Northern Ireland’s biggest...
A client accounting platform says customer agents will now receive...
Sponsored Content
B-hive Block Management Partners Celebrates Major Milestone With Over 100...
We’re absolutely delighted to announce that, after 10 years, we’re...
You don’t have to simply accept things as they are...
1
0
Would love your thoughts, please comment.x
()
x

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here