Most Landlords Will Keep Their Letting Agents Despite Ban On Tenant Fees

The majority of landlords using a letting agent won’t be put off if they see their own costs rise following a ban on tenant fees, a survey claims. According to the survey by the UK Association of Letting Agents (UKALA), 71% of landlords would continue to use a letting agent even if their premiums rise. What’s more, the research  shows that eight in ten landlords (79%) think their letting agent will increase their fees as a result of the proposal to ban charges to tenants, as announced in the Chancellor’s Autumn Statement last year. However, just 9% of landlords say they will part ways with their agent if their premiums rise. Read more on Housing Excellence.