Update on recent legislation!
- Following the recent change in legislation on the 1st June 19 with the tenant application fees, Kenricks Property Management intend to meet legislation & stop charging however our fee was only ever minimal.
- Deposits will be limited to 5 weeks rent as a maximum amount for tenancies where the annual rent is below £50,000. This has gone up from the originally proposed limit of one month.
On 11 December 2018 the Secretary of State approved the introduction of selective licensing in the central area.
This means that any property that is rented out within the private rented sector will require a licence.
We have contacted all of our landlords who fall into this area to offer our services following the licence application.