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Posted on May 9th 2014 by admin-movingin

Agents urged to act NOW over proposed fees ban

Agents have voiced their anger and frustration at Labour’s plans to force a Commons vote through next Tuesday on banning letting fees to tenants – and made clear their determination to fight every inch of the way.

The large majority of letting agents believe the move is profoundly anti-tenant.

They believe that a ban on tenant fees – which could be implemented before the next General Election – would simply result in having to charge landlords more, while landlords in turn would pass costs on to tenants in the form of raised rents.

Yet few agents seem totally opposed to the idea of change, with a number saying they would welcome some regulation – rather than abolition – of fees.

http://www.propertyindustryeye.com/agents-urged-act-now-proposed-fees-ban/