1. letting fees ban. A ban on letting agents charging fees to tenants will come into force on 1 June*. The new rules will involve deposits being capped at five weeks’ rent (or six for tenancies that cost more than 50,000 a year), and agents and landlords will be banned from charging fees for anything other than the following:
Immigration Law Piles More Pressure On Landlords. Earlier in the year, The Government announced plans to create a duty that would require landlords to conduct immigration status checks on tenants before providing residential accommodation.
3-year tenancies: The Government is launching a consultation on its controversial proposal to make residential tenancies in England subject to a three-year minimum term, with a six-month break clause. Launched earlier this week, the consultation will seek ".views on longer minimum tenancies, which are used in other countries, as well as ideas on how to [.]
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Ed Miliband has pledged that Labour would introduce three-year tenancy agreements for private renters under. 2008 saw a boom in the sector with investors taking advantage of buy-to-let mortgages.
Your landlord can give you a written demand for the rent. This demand is called a “5-day notice” because it states that your tenancy will end.
Housing Minister James Brokenshire has finally announced the government’s planned policy to offer buy to let tenants a mandatory three-year tenancy. speaking to an audience at think-tank The Policy Exchange, released some scant details of the move that was outlined in the last Budget by Chancellor Phillip Hammond.
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Even the plan as reported had been subject to Labour criticism that the security of a three-year tenancy is meaningless unless the landlord is prevented from hiking up the rent to get the tenant out. The consultation paper does not completely rule this out but it argues that ‘the historical evidence is clear that rent controls do not work’.
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Long-term tenancies are being encouraged by the Government, but it looks unlikely that landlords will be falling over themselves to lengthen their tenancies. While many tenants – particularly those with families – will welcome longer-term contracts, there are pros and cons for landlords. Many.