The Renters’ Rights Bill will now make it illegal to ask for more than one month's rent plus a deposit equating to six weeks’ worth.
The Labour government is introducing a new policy with the Renters’ Rights Bill Moving house can often strike fear into the hearts of renters without thousands of pounds in savings to cover hefty rent and deposit fees, but now, landlords will soon be banned from asking for more than one month’s worth upfront.
’ Because Ceylin didn’t have a suitable guarantor in the UK, she had to go to her parents and ask to borrow £6,000 – the amount that would cover six months’ worth of rent – by the following week. Ceylin had to borrow six months’ worth of rent from her parents ‘It’s a lot of money to ask for with very short notice, and I didn’t have enough in savings,’ Ceylin notes. Luckily, her parents were able to lend her the money – but acquiring it within such a short time frame was stressful.
Property Housing London Renting
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Renters’ Rights Bill: Strengthening Tenant Protection and Rental StandardsThe Renters’ Rights Bill proposes significant changes to the private rental sector, focusing on tenant security, fair rental practices, and improved safety standards.
Read more »
New Laws in England for 2025: Tax Changes, Renters' Rights, and MoreThirteen new laws are set to come into effect in England in 2025, impacting various aspects of daily life, from taxation and National Insurance to renters' rights. The changes include increased employer national insurance contributions, a ban on 'no-fault' evictions, and modifications to rules for non-domiciled individuals.
Read more »
Live-in landlord insists renters restrict showers to just 'a minute or two'One lodger's landlord turned out to be so strict that they had a curfew every evening - despite the fact that they worked in hospitality.
Read more »
Renters reform: Tenants call for rent controls in London protestA protest organised by the London Renters Union called for more protection for tenants.
Read more »
Anglesey Pub Landlords Face Eviction After Short Tenure Sparks OutrageDarren and Susie Harris-Hughes, who moved to Anglesey from Liverpool to run the Stag Inn, are facing eviction after just five months. The couple claim a week's notice from Marston's Brewery was 'abrupt' and a 'shock', prompting outrage from villagers who praise their work at the pub and plan a protest.
Read more »
Malden apartment manager scammed would-be renters out of over $35,000, DA saysThe former property manager of an apartment complex in Malden, Massachusetts, scammed 17 prospective tenants out of thousands of dollars by taking deposits for…
Read more »