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Archive: 29/05/2019

Market trends, transactions and news stories from across the business.

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Understanding the Tenant Fees Act 2019

Following agreement by both Houses of Parliament on the text of the Tenant Fees Bill it received Royal Assent on 12 February. The Bill is now an Act of Parliament and known as the Tenant Fees Act 2019. The Tenant Fees Act outlines the Government’s approach to banning letting fees paid by tenants in the private rented sector and capping tenancy deposits. The ban on tenant fees comes into force on 1 June 2019.