The Tenant Fees Bill received Royal Assent yesterday, becoming an Act which will come into force on June 1. This means that virtually fees that are currently charged to tenants will be banned. This includes administration fees, reference fees, extension fees and inventory charges.
It is a significant change in the industry and Wilkinson Estates are here to guide you through it. We will be contacting our clients in due course but please contact us if you have any immediate questions.