Many new landlords/letting agents are now offering tenants the choice between paying the traditional hefty 5-week deposit, and the newer Zero Deposit option. But what does the new option entail, what are the costs and what does this mean during and post my tenancy?
As you may have seen, from the 1stJune 2019 the tenant fee ban was enforced, but what exactly can, and can’t I be charge for?
What can I be charged for?
- Late payment of rent
- Lost keys or fobs
- Ending your tenancy early
- Changing or assigning your tenancy
- Renewing your tenancy
What can’t I be charged for?
- Referencing
- Administration
- Credit or immigration checks
You may still be charged a holding deposit, for utilities or a tenancy deposit however there are now stricter rules in place to protect tenants.
For a more detail on any of the above, or find our how you can complain if you think you have been charged a banned fee; check out Gov.uk using https://www.gov.uk/government/collections/tenant-fees-act
Everywhere you turn, there’s always someone going on about how they long to get out of the rat race and go live the rural life. From the fresh air in his lungs and grass under her feet they talk about how life in the countryside the cure to all modern aliments is. There are others like me however that can’t get enough of the hustle and bustle of the modern city and for us urban life offers endless pleasures for the mind, body and soul. With that in mind here are a few examples of how living in a city can add value both psychically and mentally.
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