Consultation on the ban on fees will begin March/April
January 23, 2017
Press release from Association of Residential Letting Agents (ARLA) last week, 19th January, they commented on the debate in the House of Lords where it was announced the consultation on the ban on fees will begin in March/April.
David Cox, Managing Director at Association of Residential Letting Agents (ARLA) says: “After almost two months of silence we are glad that we have greater clarity on timescales. The Minister has acknowledged the importance of a detailed consultation into the proposed ban on letting agent fees and that an Impact Assessment will be carried out. We cannot stress the importance that an assessment must look at the ban in a wide context which includes tenants, landlords, agents and the wider housing market; it is essential the government are completely aware of the full range of practical implications the ban on fees would have both in the short and long term.”
Source of information from ARLA
You May Also Enjoy
Nearly Third of Homebuyers Choose Conveyancer Recommended by Estate Agent
New research from Lyons Bowe Solicitors has revealed that nearly a third of homebuyers choose a conveyancer recommended by their estate agent, while only 40% compare multiple firms before making a decision. The findings come at a challenging time for the UK housing market. According to the latest Zoopla House Price Index, annual homebuyer demand…
Read More 
FCA proposals to boost mortgages supply for underserved markets
Comments from Julian Sampson, Partner and Head of Lending Department at TWM Solicitors, a leading commercial law firm. The FCA is announcing mortgage rule changes that should improve the supply of mortgages to underserved markets such as the self-employed, the elderly and borrowers with weak credit histories. Julian Sampson says, “There are still significant parts…
Read More 
London land commands £105,213 per acre
The latest research from LandSale, the new property portal dedicated to land and rural property, has found that land in London commands an estimated average value of £105,213 per acre, almost eight times higher than the British average of £13,281 and higher than every other British region. This premium is being driven by a severe lack…
Read More 
77% of homebuyers seek homes requiring no work
The latest research from Yopa has found that 77% of homebuyers who have purchased within the last year were looking for a property requiring little or no work, highlighting the importance of presenting a market-ready home in current conditions where buyers are harder to come by than they were a year ago. Yopa commissioned a…
Read More 
Riskiest Places to Purchase Property in England
Cash House Buyer Sell House Fast has revealed the riskiest places to buy and sell property in England, based on factors such as crime rates, flood risk, air pollution levels, road collision rates, and coastal erosion risk. The 5 riskiest places for buying and selling property in England: 1 – North East Lincolnshire (Overall Risk…
Read More 
House prices steady in May despite broader market uncertainty
The latest Halifax House Price Index for May 2026 shows that: House prices fell by -0.1% between April 2026 and May 2026. This marks the second consecutive month of marginal monthly decline. Annual house price growth increased slightly to 0.5% in May 2026, up from 0.4% in April 2026. The average UK house price now…
Read More