Tenant fees in the private rented sector in England are set to be banned in under five months time with the new law coming into effect on 01 June this year.
My daughter may pull out of a property purchase – will she have to pay her solicitor for work done so far?
There will be no increase in fees for home buyers in Scotland in 2019, it has been confirmed.
A letting agency has been demanding hundreds of pounds in payment before prospective tenants are allowed to view properties for rent, the BBC's Victoria Derbyshire programme has found.
Campaigners say new laws going through parliament will not go far enough to stamp out all hidden fees and charges for renters.
We haven’t exchanged contracts yet, but the agent wants more than £1,200 in commission
The legislation that will bring in the tenant fees ban next year sailed through its latest stage in the Commons with few MPs dissenting from the accepted line that the ban is a good idea.
My daughter owns 40% of the flat so surely her association should charge her fees based on her share?
Sajid Javid's newly renamed Ministry of Housing, Communities & Local Government (MHCLG) reveals the ban is some way off.
Phillip Hammond announced the eye-catching move last year – but there is still no date for when it is coming into effect
Property Personnel, which claims to be one of the U.K.'s longest established estate agent recruitment consultancies -- is warning about the extensive impact that the ban on lettings fees in the UK is likely to have, once it comes into effect next year.
The it works is that when a landlord rents a property through a letting agent they are charged a number of fees for their services, however these fees are usually passed onto the tenant.
In a test case of national significance, Camden Council has successfully appealed against Foxtons using the term “administration fees” in their lettings agency work, leading to a penalty charge totalling £18,000.
Shame on Winkworth, the self-styled “largest estate agency brand in London and one of the fastest-growing in England”. Four young guys rent a property via the agency in Herne Hill, south London. One decides to move on so the others search for a new flatmate. The amount of effort put in by the letting agent and landlord? Almost zero. The rent is pretty steep – £2,450 a month for the house – but the flatmates find someone happy to pay their £612.50 share, and dutifully inform Winkworth.
Homeowners living in retirement villages face unfair charges of thousands of pounds each, the Law Commission has found.
After a two-year investigation the Commission said there was "real potential for abuse" in the charging of event or transfer fees.
The Competition and Markets Authority says there is no time to undertake a review into the lettings market and the role of letting agents’ fees, according to the Fair Fees Forum.
The obligation to display your letting agency fees on your website and within branches has been a requirement for almost two years now, through section 83 of the Consumer Rights Act in 2015.
Amazingly, a substantial minority of agents are still not complying.
There are some who are still unaware of the obligation and that is quite worrying in itself. There are some who know about the requirement, but refuse to comply. There are some that partially comply, by displaying applicant/tenant fees, but refuse to display landlord fees.
A judge has ruled that a firm of letting agents was not entitled to charge a renewal fee in the seventh year of a tenancy because the charge was not stated on the front page of the contract with the landlords.
However, the judge rejected a claim for previous renewal fees to be repaid by the agent.
A new class action is being assembled against Foxtons over its charging of fees to tenants.
The case has major implications for all letting agents in England that levy tenancy fees.
If the action is won, it could mean letting agents having to refund fees charged in the last six years.
It is being actively promoted on social media by the law firm CaseHub, which says it “brings justice to people by building group legal battles, online. Join our class actions against Ryanair, letting agents and Parking Eye.”
If you rent in England, Wales or Northern Ireland then you'll know all about those fees you have to pay when you sign a rental contract with a letting agent.
Tenants can be charged anything from £25 up to £500 to check-in or check-out when moving.
If you live in Scotland there are no fees because they've been scrapped.
Now they are a step closer to being eliminated across the rest of the UK.
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