Lets Process in brief

The Professional Property Management System
Lets Process is a unique management program for landlords, letting agents and local authorities in the UK. For more information please see Lets Process Explained.

Working Hours

Monday - Friday 09:00-17:00
Saturday - Sunday CLOSED

Latest Private Rented Sector News

Top

New inventory guidance for landlords and agents ahead of tenant fees ban

New inventory guidance for landlords and agents ahead of tenant fees ban

Tenancy Deposit Scheme (TDS) has released new guidance on inventory reports to help landlords and letting agents in the private rented sector in England ahead of the introduction of the Tenant Fees Act on 1 June 2019.


The Act bans fees which means that tenants cannot be charged for extra services, including independent inventories, so the TDS, ARLA Propertymark and the Association of Independent Inventory Clerks (AIIC) have moved to reassure agents and landlords.


Landlords might then have to cover this cost themselves, rather than the charging or splitting costs with tenants. Without this option, some letting agents may choose to take the service in-house to minimise costs.


Click here to continue reading this article

Share this: