Property News · November 23, 2016

What is it like to rent in Britain today? Share your story


The chancellor will ban letting agents from imposing “rip-off” fees that cost renters millions each year. What else needs to be done to improve renting?In his first autumn statement the chancellor, Philip Hammond, announced that the government will impose a ban to stop letting agents charging “rip-off” fees that cost renters up to £380 million a year. These fees often cover basic administration, references and credit checks. Tenants have reported being charged for everything from renewing their contracts to changing a name halfway through their term of residence. There are also fees for mid-term inspections and inventory checks. Continue reading…

Source : theguardian.com
Read more…What is it like to rent in Britain today? Share your story

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