# What are permitted payments?

Posted 20/05/2019 by [Your Move](/blog/authors/marketing-team)

From 1 June 2019, if you enter into a tenancy agreement, student let, or licence to occupy housing in the private sector, a Landlord or agent cannot charge you any fees or payments other than...

  ![Items at a desk](https://www.your-move.co.uk/uploads/blog_post/12_928_s.jpg?v=0) ## What permitted payments can be charged?

- A refundable tenancy deposit - capped at no more than five weeks rent if your annual rent is less than £50,000 or six weeks if your annual rent is above £50,000
- A refundable holding deposit - capped at no more than one weeks rent
- Payments to change the tenancy agreement (requested by the Tenant) - capped at £50
- A default charge for late payment of rent and replacement of lost keys/security device
- A charge for early termination of the tenancy initiated by the tenant

## What payments are not permitted?

From 1 June 2019, agents and Landlords will not be able to charge Tenants for setting up a tenancy, for a renewal of a tenancy, or for checking out, under the Act.

However, if the tenancy was entered into before 1 June 2019 and it was agreed in that contract to pay certain renewal fees, then a Landlord or agent can charge these fees for a renewed fixed-term agreement or statutory periodic agreement up until 31 May 2020. For tenancies entered into before 1 June 2019, the Landlord/agent can also charge for checking out, up until 31 May 2020.

[Don't wait until the 1 June 2019, book a lettings review today > ](/campaigns/lettings-review)

[Your Move](/blog/authors/marketing-team)

The Your Move Content Marketing Team