The Tenant Fees Act bans most letting fees and caps tenancy deposits paid by tenants in the private rented sector in England. The ban on tenant fees applies to new or renewed tenancy agreements signed on or after 1 June 2019.
"I recommend Martin Smith Letting and Management because I am living in a house for nearly 10 years. I am very happy this is a amazing property in east London."
Mohamed Sameer Ismail
"I have been working with Tony for many years now. He's diligent and goes the extra mile. He has great relationships with tenants. He looks after all my properties and I would thoroughly recommend MSL to anyone."
"Renting and check out process is simple and efficient when compares with other big name real estate company. Response is fast when things need to be fixed. Gavin is exceptional while other staffs are also helpful."
"Started my 3rd year with them and never had a problem. All problems handled professionally and solved quickly."
"Very professional, understanding and good to do business with. Highly recommended."
"Good agency. Employees are very helpful and understanding!"
"Renting from past 2 years. Really good agency."
From 1 June 2019, Martin Smith Property Management, as well as any other landlord or letting agents, can only charge the following to tenants in relation to new contracts are:
Refundable tenancy deposit capped at no more than 5 weeks’ rent where the total annual rent is less than £50,000, or 6 weeks’ rent where the total annual rent is £50,000 or above
A holding deposit (to reserve a property) capped at no more than 1 week’s rent
Payments associated with early termination of the tenancy, when requested by the tenant
Payments capped at £50 (or reasonably incurred costs, if higher) for the variation, assignment or novation of a tenancy
Payments in respect of utilities, communication services, TV licence and Council Tax
A default fee for late payment of rent and replacement of a lost key/security device giving access to the housing, where required under a tenancy agreement
Get in touch
Martin Smith Lettings
Copyright 2022. All rights reserved.