Consultation on the ban on fees will begin March/April

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

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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