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Letting Agents Fees - watch this space

We are all very much aware that the government has encountered huge resistance to its intention to legislate to ban letting agent’s fees for tenants. I have been letting property for over 30 years and the costs incurred by a landlord in letting property has traditionally been relatively low since as both landlord & tenant get the benefit of an agents service the total fee, here anyway, is more or less halved between the 2. I am sure all agree that sounds fair.

Now there is to be a consultation exercise in the Spring prior to introducing any such legislation I was pleased to learn that the scope of this has widened a little and it is possible that some form of fees might be permitted.

More details to follow when more is known


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