Under the Tenant Fees Act 2019 which came into force on 1st June the total maximum deposit is equivalent to five weeks rent. This is a bit of a shame because most landlords are just going to say no pets and it will be the tenants who suffer. I’m sure this was not the idea behind the legislation. We now recommend that lanlords charge a higher monthly rent if there is a pet involved. What we are doing is suggesting to landlords that they add an additional £20 per month to the rent. Just remember, if you are planning to do this, disclose it when you first advertise the property as it could be considered to be a relevant fact.
Hope that a help. Please don’t hesitate to give me a call if I can be of further help.
