December 12, 2024

“Proposed Renters’ Rights Bill Amendment Could Ban Advance Rent Payments, Sparking Concerns for Landlords”

“Proposed Renters’ Rights Bill Amendment Could Ban Advance Rent Payments, Sparking Concerns for Landlords”

An amendment to the Renters’ Rights Bill aims to cap advance rent at one month, potentially disadvantaging tenants with no UK history. With restrictions on financial considerations like advance payments or offers above asking rent, landlords may face challenges in evaluating applicants.