Landlord Obligations & Oversight

In February 2022 the government published a white paper which stated all landlords would be required to be listed on a register, that paper was a teaser for what came on the 16th of June in the ‘A fairer private rented sector’ white paper. 

What arrived was different from initially proposed, with the register being replaced by a new ‘Property Portal’ which is designed to help landlords understand their obligations. This will include information on the rental process as well as requirements of the 'Decent Homes Standards' which will apply to private rental sector (PRS) landlords for the first time.

Many organisations in the private property market have been pushing for changes to the court system and in most cases that organisations were asking for their own housing court. This proposal was dismissed by the government saying in their white paper:

“We don’t think we need a separate housing court”


They will instead be introducing a ‘Housing Ombudsman’ to provide redress for tenants and have made significant changes to agreements and grounds for possession landlords can utilize. You can read more about that in our other article covering the AST & Section 21 removal.

A 21st century approach to the private rental market is what the government has set out to achieve and time will tell how the PRS will change. 

Written by Toby Dawson

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Fees

TENANT FEES - NEW ASSURED SHORTHOLD TENANCIES (AST's) SIGNED ON OR AFTER 1 JUNE 2019

Holding Deposit - One week's rent, apportioned to first month's rent

Security Deposit - Five weeks rent if rent per annum below £50,000, six weeks rent if above £50,000

Unpaid Rent - Interest at 3% above the Bank of England Base Rate. Interest will not be applied until the rent is 14 days in arrears.

Lost Keys -  Tenants are liable for the cost of replacing any lost keys and/or security device including the costs of replacing any locks and/or security device if required. 

Changes to the tenancy agreement (Tenant's Request) - £50 inc. VAT (or reasonable costs if higher). 

Early Surrender of tenancy (Tenant's Request) - Should a tenant require an early surrender of their tenancy and should the landlord agree, the tenant will remain liable for the rent due under the tenancy until the date a new tenant takes up occupation of the property. The tenant will be required to cover the landlord's costs in connection with the  surrender of the tenancy and the re-letting the property