Image copyright PA Lettings agents will be banned from charging fees to tenants under plans to be announced by the chancellor in his Autumn Statement.
Tenants can be charged fees for a range of administration, including reference, credit and immigration checks.
Philip Hammond will say that shifting the cost to landlords will save 4.3 million households hundreds of pounds.
The move could spur competition as landlords, unlike tenants, can shop around for the cheapest agent.
In Scotland, lettings agency fees to tenants have already been banned.
In England and Wales since last year, lettings and managing agents have been legally obliged to clearly publicise their fees.
Fees vary widely, with costs in some big cities much higher than elsewhere.
Tenants face charges when agents draw up tenancy agreements along with the possibility of a non-refundable holding deposit paid before signing up to the deal.
Image copyright PA Charities have said that these primarily upfront fees have risen in re..
Read More
ليست هناك تعليقات:
إرسال تعليق