According to a new report from inventory service provider, No Letting Go, warnings have been issued to landlords and letting agents over a possible surge in tenant activity from June 1.

According to research, many tenants will be looking to move after June 1 in order to avoid paying upfront fees and benefitting from capped security and holding deposits.

No Letting Go’s warning comes after recent research from The Deposit Protection Service (DPS) suggested that tenants could be delaying moves between rental properties until the Tenant Fees Act officially becomes law next month.

 

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