TENANT FEE BAN UPDATE

The introduction of the Renting Homes Act from 1st September 2019 will bring new challenges to agencies from how they operate to finding new areas to generate revenue. With Goodlord, you can already earn additional revenue and reduce costs with our exciting new features and products and we’ve been working hard to give an even wider range of services to boost your bottom line.

NEW COMPLIANCE FEATURES

We’ve updated the Goodlord platform to make sure we can continue to offer the high level of service our customers are used to. Reducing compliance risks is at the heart of what Goodlord offers so these new features are available from 1st September 2019 across the whole Goodlord platform. Your complete guide to the Welsh Tenant Fee Ban can be found here. 
 
 
Removal of fees for AST and Licence tenancies
We’ve removed the fee option for Assured Shorthold Tenancies and Licence Tenancies to reduce errors and ensure you’re compliant.
Auto-generate Holding deposit
Holding deposits will be auto-generated and capped at one weeks' rent in line with the new law change.
Compliance features based on location
Compliance features will be applied to a tenancy based on it's location so you can remain compliant with both English and Welsh legislation
Tenant Fee Ban-ready documents
Tenant Fee Ban compliant Goodlord contracts and ARLA contracts are available on the platform from 1st September.
Holding deposit extensions
holding deposit extensions
You can now agree an extension on the holding deposit with a tenant upfront and include it as part of the tenancy guide.
Draft ASTs
draft asts
Tenants are able to see a draft of their AST before paying their holding deposit and a digital paper trail is kept if you ever need it.
Need to change your customised documents? You can activate Goodlord contracts by emailing success@goodlord.co with the email address you would like tenants to serve notice to.

increase revenue with new products and services

Goodlord Switch

Earn additional revenue from each property and cover your void energy costs while we register your tenants with local councils, water suppliers and switch your properties to an affordable green energy tariff.
Find out more

Tenants and Landlord Services

Did you know we offer insurance products for landlords and tenants? Improve your offering to your clients and maximise your revenue per let. 
Learn more

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