Letting agents will soon have to check all their existing tenancy agreements to ensure they do not refer to fees that will soon be illegal when the ban goes live on June 1st this year, a leading national estate agency has warned.
Strutt & Parker has made the claim within its advice to landlords ahead of the ban, which highlights the enormous contract review task that many agents will soon face but that landlords will have to pay for, presumably.
The company is also keen to remind landlords that they may face extra costs after the ban.
“One of the most significant changes is prohibiting the charging of payments for reference checking and inventories to tenants,” the advice says. “In the future, agents or landlords will have to pay for these costs.”