PRESS RELEASE Tenant Fees Ban
David Cox, Chief Executive, ARLA Propertymark comments on the upcoming Tenant Fees Ban, coming into effect on the 1st June 2019:
“Tomorrow marks the four-week countdown to when the Tenant Fees Act comes into effect and the industry must face the realisation of preparing for a post-tenant fees world. With no time to waste, agents need to ensure they’re compliant with the law, and understand how the ban will impact their business. To help members overcome the legal challenges of the Act and comply with the ban, we launched the Tenant Fees Toolkit1 last month providing practical tools and materials to support our members through every step of the transition and beyond. Today, we are adding answers to more than 70 Frequently Asked Questions to the Toolkit. We also have a series of upcoming roadshows2 which will update on the legislation and provide key insights on how businesses can thrive post the ban. We urge members to attend as we rapidly head towards the 1st June. Agents can help reduce the impact on their business by being prepared and with the date fast approaching, they must act now.”