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Extortionate fees charged by some letting agents are
exacerbating the housing crisis, local government leaders are warning. Some letting agents have been found to be
charging non-refundable admin fees in excess of £500, according to recent
research. Councils are warning that as
well as being unfair on the increasing number of people who rent, letting agent
fees in some areas are so high that they could be acting as a barrier to people
being able to find a house or flat in the private rented sector, particularly
for younger people on low incomes. Some local authorities have set up their own
letting agencies to ensure tenants get a fair deal. Read more on the Local Government Association
website.
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