Letting Fees Bill to make renting simpler and fairer
A new Welsh Government Bill banning fees charged in the private rented sector will make things simpler and fairer for tenants, Housing and Regeneration Minister Rebecca Evans has said
The Renting Homes (Fees etc.) (Wales) Bill will:
- ensure tenants are no longer charged for an accompanied viewing, receiving an inventory, signing a contract, or renewing a tenancy
- permit letting agents and landlords to only charge fees relating to rent, security deposits, holding deposits, or when a tenant breaches a contract
- provide a regulation-making power to limit the level of security deposits
- cap holding deposits to reserve a property before the signing of a rental contract to the equivalent of a week’s rent and create provisions to ensure their prompt repayment
- create a clear, simple and robust enforcement regime for when offences occur.
The enforcement regime will allow for fixed penalty notices to be issued against anyone requiring a prohibited payment; if penalties are not paid Local Housing Authorities can prosecute offences through the Magistrates Court. Convictions for an offence could result in an unlimited fine, and will be taken into account by Rent Smart Wales when considering whether to grant or renew a licence.
Rebecca Evans said:
"In recent years we have seen a significant increase in the number of people renting in Wales. The private rented sector now accounts for 15% of all housing.
“This Bill builds on the work we have already done here in Wales through the Housing and Renting Homes Acts to ensure that those wishing to rent in the private sector can expect high standards, fair treatment and transparency.
“Fees charged by letting agents often present a significant barrier to many tenants, especially those on lower incomes.
“The Bill will mean that tenants no longer face significant upfront fees when they start renting. In most instances they will only need to pay their monthly rent and a security deposit.
“No longer will tenants be charged for an accompanied viewing, receiving an inventory or signing a contract. No longer will they be charged for renewing a tenancy. And no longer will they have to pay check out fees when they move out.
“I want renting to be a positive and widely accessible choice for people and this Bill will ensure that rental costs become more reasonable, affordable and transparent.”
Latest News from
First Minister holds inaugural Ireland-Wales Ministerial Forum22/10/2021 16:05:00
The First Minister of Wales, Mark Drakeford, will today host the first Ireland-Wales Forum to be held in Cardiff with Irish Minister for Foreign Affairs Simon Coveney T.D.
“Grow in Wales, sell to the world” – Vaughan Gething22/10/2021 14:05:00
“Grow your business in Wales and sell to the world” – that was the message from Economy Minister, Vaughan Gething yesterday as he visited Pontypool-based manufacturer and exporter Flamgard Calidair to encourage more Welsh companies to export their goods and services internationally.
Have your say on proposed livestock movement changes22/10/2021 11:05:00
The Welsh Government is asking for views on plans to change how livestock are identified, registered and their movements reported.
‘We are bracing ourselves for one of the hardest winters we have ever faced, but will keep essential services running,’ vows NHS Wales chief executive22/10/2021 09:05:00
NHS Wales chief executive Andrew Goodall has warned the dual challenge of the COVID pandemic and other respiratory viruses will make this winter ‘one of the hardest we have ever faced’, as the NHS Wales Health and Social Care Winter Plan is published.
Welsh Government response to latest NHS Wales performance data21/10/2021 14:05:00
The Welsh Government has responded to the latest NHS Performance data published today (21 October).
GALWAD: Welsh communities answer call to build future World as Wales’ contribution to major cultural programme in 202221/10/2021 11:05:00
Today Creative Wales and Collective Cymru announces the making of GALWAD for UNBOXED: Creativity in the UK, 2022.
Welsh Government attracts Global smart tech energy team to Wales21/10/2021 09:20:00
Innovative smart energy technology provider Thermify is to establish a facility in South Wales, Economy Minister Vaughan Gething has announced.
“We want a national and inclusive conversation about the impact periods can have across a person’s life”20/10/2021 15:10:00
An action plan to eradicate period poverty and ensure period dignity for all in Wales has been announced today by the Welsh Government.
New images show true scale of ‘ambitious and complex’ Welsh Metro project20/10/2021 14:10:00
“Delivering the £1 billion Welsh Metro project will be one of the most ambitious and complex programmes we’ve ever undertaken.”