Letting Fee Ban ‘Will Not Cut The Cost Of Renting’

Government plans to ban letting agent fees paid by tenants are unlikely to make renting cheaper, as new research reveals the prospect of a ban is already being felt by the market. Among letting agents that responded to a survey by the Residential Landlords Association (RLA), over half, 57%, planned to cope with the proposed tenant fee ban by increasing the fees landlords pay. This raises the prospect of the extra costs being passed on to tenants in higher rents over the long-term. Read more on 24housing.