Thursday 22 June 2017

Lettings Fees To Be Banned

More than six months after first suggesting the idea, the government has announced plans to ban fees to lettings agents in England. A new Tenants' Fees Bill was announced in the Queen's Speech, which will stop tenants having to pay money to agents. The commitment was announced by the Conservatives in the 2016 Autumn Statement. ARLA Propertymark, which represents letting agents, said the new rules would cost 4,000 jobs. However the measure is likely to pass into law, as all the main parties had it in their election manifestos. Read more on the BBC website.

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