Housing in Multiple Occupation (HMO)
Tenant Fees Act
From 1st of June 2019 it became illegal for landlords and letting agents to charge fee’s to tenants. For more information, please click here.
The Tenant Fees Act is aimed to reduce the costs the tenants can face at the outset and throughout the tenancy. It is also aimed to rebalance the relationship between tenants and Landlords to deliver a fairer, and more affordable private rented sector.
The Tenant Fees Act encourages Landlords to not have a deposit for the tenants. However, if the Landlord does decide to have a deposit then they can only charge the tenant 5 weeks rent if the annual rent equals to less than £50,000. If the annual rent equals to more than £50,000 then the Landlord will be able to charge 6 weeks rent as the deposit amount.
If you are charging your tenant more than the required amount then that is going against the law and you will have to pay a penalty fine of £5000. If you breach the law again within 5 years of the first breach, then it will be classed as a criminal offence and you will be prosecuted.
Pages in "Housing in Multiple Occupation (HMO)"
- What is a HMO?
- HMO Licence Fee's
- Apply for a HMO Licence
- Does my HMO need a Licence?
- How do I get a HMO Licence?
- How long will it take?
- What happens if I am not a Fit and Proper Person?
- What about Non-Licensable HMO's?
- Temporary Exemption Notices (TEN)
- Can I apply to have my Licence varied?
- What are the Conditions attached to the Licence?
- What happens if I don't Licence my HMO?
- What Standards do I need to Maintain in a HMO?
- Licensable HMO Room Sizes
- The Management Regulations
- What are Amenity Standards?
- What are the Duties of Tenants?
- You are here Tenant Fees Act
- Fire safety in HMO’s
- Waste collection in HMO's