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No More Student Letting Fees

A relatively recent development, it is now prohibited for landlords or agents to charge most lettings fees. This recent development has been enabled through the passing of the Tenants Fees Act 2019 which came into effect on 1st June 2019.

This act also caps tenancy deposits that are paid by tenants in the English private rented sector. This ban on tenant fees will be applicable to new or renewed tenancy agreements that have been signed on or after 1st June 2019.


contract signing


Key Points of the Tenants Fees Act 2019

(For comprehensive details about the Tenants Fees Act 2019 look online) The Tenants Fees Act 2019 means that a number of fees cannot be charged to tenants. These include:


  • Viewing fees

  • Tenancy Set-Up fees (which consist of such things as guarantor fees, administration fees, as well as fees for referencing and credit checks).

  • Fees for an Inventory Check (this check is a record of the condition of the property at the beginning of the tenancy).

  • Check-Out fees (these fees will still apply until 31st May 2020 if the tenancy was entered into before 1st June 2019 and there was an agreement in your contract that you would pay exit fees to the landlord or agent).

  • The requirement to pay for a professional clean at the end of a tenancy as requested by the landlord or agent (unless the tenancy was entered before 1st June 2019 these fees can still apply until 31st May 2020).

  • Fees related to providing a rent guarantor.



How It Affects You, The Tenant

On the face of it, this act means that you as the tenant will be encountering a significantly reduced amount of costs and fees for things that you may not have anticipated when you were progressing towards beginning your tenancy. As a consequence of this, you can take a clearer view of your finances and focus mainly on covering the rent and other more obvious expenditures related to your tenancy on a monthly or weekly basis. The result of this will be that you, as a student in student accommodation, should find your finances will be easier to manage. One aspect of your finances that may improve for example could be that it becomes simpler to budget, which is sometimes a challenging part of student living. This is a positive development, as better budgeting leads to fewer concerns about money and less stress for you.

Overall, the Tenants Fees Act 2019 arguably makes the whole process of renting student accommodation a little fairer and a little more transparent, helping you see more clearly what you are paying and what you are getting in return.


Budgeting


Student Accommodation – Letting Fee Free

For those students in Birmingham currently contemplating what student accommodation is best suited to them, registered-letting agents Unihousing may have the answer. Based in Selly Oak, Unihousing provide a strong selection of student studios and houses that are suitably tailored to the modern-day student lifestyle. In addition to the high-standard of their student properties, Unihousing are also an accessible and accommodating lettings agents who boast their own team of qualified tradesmen, perfect for when you notice any wear or tear on your property that needs urgent attention.


Unihousing store front


A Location That’s Suited to You

By being situated in Selly Oak, Unihousing’s student accommodation makes day-to-day student living easy, convenient and interesting. Selly Oak is a busy Birmingham town that is lined with a number of take-aways, cafes and restaurants. So, if you have no plans for what to cook or prepare for dinner on an evening or would just like a little treat, Selly Oak is a good place to be. It’s also great for meeting-up with mates and socialising as it features several pubs and clubs, adding-up to a vibrant nightlife that’s only a short distance from your front door. Selly Oak is where you will find all the shops, supermarkets and amenities needed to get you through an ordinary week, and it is well-served by public transport, too. This means that getting to and from neighbouring Birmingham towns, other cities for the day or to the City Centre for a fun day or night-out is easily done.


Student Studio


Your Tenancy, Your Future

The Tenant Fees Act 2019 has the potential to make renting student accommodation a more appealing prospect for many students out there planning on securing new digs soon. Before that happens though, any choice of housing intended for students must meet their specific criteria. And Unihousing’s student accommodation is sure to do just that. From their spacious interiors to the full furnishings for a comfortable student lifestyle, Unihousing’s student studios and houses are an affordable way forward for those seeking student housing.


Unihousing Logo


So why not get in touch with Unihousing and see what we can do for you

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