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  • Community

    A genuine enquiry

    Hi Guys, with the recent changes in various "letting" laws, could someone please tell me how the changes affect us, as tenants, as a 45 year old man, renting on LHA/HB with pets, I am a little confused how this could benefit the tenant, as I am very very motivated, excellent tenant with approximately 10 years tenancy under my belt, to relocate to another part of the UK and I would really like to know how the recent changes benefit, thank you.

    Please explain as simply as you can I am not very experienced in this subject, but after 4 years of unsuccessful searches I would be very appreciative if someone could share there understanding and perhaps advise me in looking for a property.

    Thank you all.
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    Hi Darius,

    The Tenant Fee Ban benefits you as it means you will no longer be asked for any fees such as referencing.  The landlord now has to pay these costs.

    Therefore you can apply for multiple properties without incurring costs.

    ​I hope that helps and good luck in finding a rental property.

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    The agents can ask for a holding deposit and if references are not satisfactory may not need to return the deposit.
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    "Therefore you can apply for multiple properties without incurring costs."

    As Essex says i think we are going to see more agents asking for Holding deposits as the above quote leaves the landlord/agent in a vulnerable position.

    If this happens and landlords do ask for a holding deposit, you may want to avoid applying for multiple properties as if you don't commit to a property, the landlord is entitled to keep your deposit.

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    Landlords are now only able to take 5 weeks rent as a deposit. This means many landlords will no longer take pets or will charge a higher rent. It is going to make it harder for you to find somewhere to rent, particularly as you are moving to another area of the country so will probably have to start a new benefit claim with the associated delays (particularly if you go onto UC).

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