The Tenancy Deposit Scheme has published a matrix to help landlords and agents navigate the tenant fees ban in Wales and England.
The matrix has been created in conjunction with ARLA Propertymark.
Debbie Davies, head of communications at TDS, said: “We created the matrix to highlight the most important points of the legislation in a simple, visual way, to show how the two Acts differ in England and Wales.
“Having a physical presence in both England and Wales has put us in a unique position where we can see how the two markets have reacted to the legislation on both sides of the bridge – and the difficulties each has experienced surrounding the confused messages.”
The matrix breaks down how the fee bans work in England and Wales, regarding holding deposits, security deposits, check-in/out fees, early termination, rent arrears and late payments, lost keys, breach of responsibilities, agreement amendments, and the contentious issue of pet deposits.
David Cox, chief executive of ARLA Propertymark, said: “The tenant fees ban is a complex piece of legislation made worse by virtue of the fact that the bans differ ever so slightly between England and Wales.
“This handy matrix helps agents operating in both countries to navigate the regulatory minefield and ensure they are complying with the right law.”
