The government has green-lighted a tenant fee ban for letting agents in the Queen’s Speech.
The proposal was first put to consultation during the last Parliament and ditched in the run-up to the 2017 General election.
The draft bill will stop landlords and letting agents from demanding upfront payments and cap security deposits.
The content of the bill and expected dates for implementation have yet to be released.
The bill will tackle unfair fees on tenants to make the private rental market more affordable and competitive, says the government.
A spokesman also explained the bill will cover:
- A ban on payments as a condition of tenancy except rent
- A cap of no more than a week’s rent on holding deposits
- A cap of no more than one month’s rent on security deposits
- A limit on default fees tenants are charged
The speech also promised to keep low taxes, promote fairness and transparency in the housing market and measures to build more homes.
The Queen’s Speech outlines government intentions for new laws over the next two years and concentrates on Brexit.
The speech detailed 27 bills and draft bills, with eight relating to Brexit.
To progress the policies laid out in the speech, the government must go to Parliament and look to win backing from a majority of MPs.
Prime Minister Theresa May omitted several key Tory manifesto pledges from the speech, which is written for the Queen by the government.
These include the proposed abolition of the state pension triple lock and the controversial ‘dementia tax’ stripping pensioners in care of their homes.
“The election result was not the one I hoped for, but this government will respond with humility and resolve to the message the electorate sent. We will work hard every day to gain the trust and confidence of the British people, making their priorities our priorities,” said the Prime Minister.