Commenting on the Autumn Statement, Richard Lambert,
Chief Executive Officer at the National Landlords Association (NLA), said: “The
new Chancellor is clearly aware of the pressures facing those living in the
private-rented sector, but in attempting to improve affordability he has shown
that, like his predecessor, he lacks an understanding of how the whole sector
works. There’s no doubt that some unscrupulous agents have got away with
excessive fees and double-charging landlords and tenants for far too long. Banning letting agent fees will be welcomed
by private tenants, at least in the short-term, because they won’t realise that
it will boomerang back on them. Agents will have no other option than to shift
the fees on to landlords.” Read more on the NLA website.
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