The government needs to do more to better enforce
existing regulations designed to improve transparency around letting agent fees
before looking to ban them outright. That’s the call being made by the Residential
Landlords Association (RLA) as MPs debate plans to ban fees. Figures published
earlier this year by the National Approved Letting Scheme found that after two
years of the law coming into effect, 93% of councils had failed to issue a
single financial penalty to a letting agent for breaching the law. Only three
penalty notices had been served across England for failure to display all
relevant landlord and tenant fees. Read more on the RLA website.
Eight in 10 homes in London’s poshest postcodes now sell below asking
price, Coutts finds
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Sellers in areas such as Belgravia and Mayfair face hundreds of thousands
of pounds in losses as property prices fall
Eight out of 10 properties in Londo...
8 hours ago

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