fee ban

fee ban

New Tenants’ Fees Bill announced in Queen’s Speech

21 June, 20170 Comments
Announced in last years Autumn Statement, a new Tenant’s Fees Bill has been confirmed in todays Queen Speech. According to government figures, the average amount paid in fees is currently £223 with around 4.3m households paying such fees every year. However housing charity Shelter found that one in seven renters pay more than £500, with
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Housing minister claims buy to let tax changes will only affect 20% of landlords

26 January, 20170 Comments
Housing minister Gavin Barwell says recent changes to buy to let mortgage interest relief and stamp duty will only affect a small proportion of landlords. According to an ARLA report from a meeting of the All Party Parliamentary Group for the Private Rented Sector earlier this month – attended by Barwell – the minister quoted
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Autumn Statement 2016: New era for Landlords as Lettings agent fees to be banned

23 November, 20160 Comments
Lettings agents are set to be banned from charging fees to tenants under plans to be announced by the chancellor in his Autumn Statement, from 12:30pm today. Tenants can be charged fees for a range of administration, including reference, credit and immigration checks. Philip Hammond is expected to say that shifting the cost to landlords will save
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Letting Agent fee ban in England and Wales IMMINENT

18 April, 20161 Comments
Unsurprisingly, a petition opposing letting agents’ fees charged in England and Wales has now gathered over 245,000 signatures. Started by the features editor of online youth magazine The Debrief, Vicky Spratt says letting agency fees in England are “totally unregulated” in contrast to Scotland; where they are now banned. “Walk down any high street in
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