Wednesday 1 October 2014

New Letting Agent Redress Schemes Slammed As 'Vague and Bureaucratic'

A set of new government redress schemes aimed at policing lettings agents have been slammed as "vague and bureaucratic" on the eve of their implementation. Letting agents will be legally required to sign up to one of three redress schemes that the government insists will "ensure tenants have a straightforward option to hold their agents to account". The redress schemes have been introduced in an attempt to stop letting agents charging excessive fees and employing misleading advertising, as well as combatting so-called 'revenge evictions' when tenants are booted from their homes after complaining about conditions. Read more on 24dash.

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