What the new tenant act fees mean for you.

The law around what tenants can be charged for when starting new tenancies has changed since Saturday (1st June).

But what does this mean for you?

The Tenant Fees Act applies to new tenancies and renewals of tenancies, meaning that landlords and letting agents won’t be able to charge for a range of admin fees that they previously had, and has capped tenancy deposits to five weeks.

This new legislation means that some tenants could save hundreds of pounds.

Rightmove have explored what this means for you with this handy post!