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Draft Tenant Fees Bill

On 1 November 2017 the Government introduced the Draft Tenant Fees Bill to parliament. The Government have proposed to ban letting agent fees for landlords in England. This means lettings agents and landlords will only be able to charge a refundable holding deposit of no more than a week’s rent. The holding deposit only becomes non-refundable if the tenant, withdraws from the rental property or defaults through referencing, fails a right to rent check or provides misleading information.