Ban Agents from Charging Fees to Tenants
Get Involved in the Government Consultation #NoFeesForKeys
Why you MUST participate by completing the Government’s online survey
EVERY Tenant should make their voice heard
Every Employer should send in their point of view
Do this – especially to help all young people caught up in Generation Rent!
It takes just a few minutes of your time
Deadline is 2 June 2017 – we’ll help you FREE of charge so that it’s easy peasy
The government announced last November that they would be imposing a ban on Letting Agents fees to Tenants as soon as possible.
Renters have been reaching out to Government to say, “We need this Tenant Fee Ban NOW” #NoFeesForKeys
These “admin fees” are supposed to cover such minor costs as reference checks, inventories and creating a Tenancy Agreement. But many Letting Agents are charging several hundred pounds plus – and that’s in addition to the big fees that they already charge to the Landlord!
Hence the Government’s promised ban which requires a new law.
But Letting Agents (who work for Landlords!) are resisting the ban to preserve this extra gravy train and they have a lot of resources to make their case.
Their primary argument is that the ban will push up rents. We reject this argument. In fact, we believe the ban will lower the cost of renting.
One only has to look to our Scottish neighbours to see what the impact of such a ban has had in Scotland - via the Housing (Scotland) Act 2006 and through the most recent Private Housing (Tenancies) (Scotland) Act of 2016:
There is zero evidence to support the contention that rents in Scotland have increased as a result.
Rent growth has actually slowed over the past year.
Looking back 6 years, rents have not increased any faster than the rest of the UK.
In short, increased regulation has not meant increased rent.