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
UK House Price Index for February 2026
The latest UK House Price Index for February 2026 shows that: The average monthly rate of house price growth in February was +0.1%. Average UK house price annual inflation was 1.2% in the 12 months to February 2026. As a result, the average UK house price currently sits at £268,000. Damien Jefferies, Founder…
Read More 
Ready or Not: How Prepared Are Landlords and Tenants for the Renters’ Rights Act?
44% of landlords and 64% of tenants say they are not confident about what will actually change when the Renters’ Rights Act comes into force. New research from LRG shows that while the Act is widely known about, what it means in practice is still unclear for many people on both sides of the tenancy.…
Read More 
Springtime household checks that could save you serious money
With summer just around the corner, eXp UK has curated a homeowner’s guide to springtime maintenance, outlining the most important checks homeowners should carry out to avoid unnecessary repair bills later in the year, and how much they can expect to spend. There is a long-standing rule of thumb that annual home maintenance costs equate…
Read More 
Comment on inflation rising to 3.3%
Industry reaction to inflation rising to 3.3% Daniel Austin, CEO and co-founder at ASK Partners, said: “Today’s uptick in UK inflation will raise fresh concerns across the property market, which is still waiting for the full economic impact of the Iran conflict to feed through. Households, buyers and developers recognise that current data is unlikely…
Read More 
London remains top marathon city for property values
Mayfair tops table for the world’s most expensive marathon neighbourhood as London remains priciest race city The latest analysis from Enness Global has revealed that London is currently the most expensive property market of any city hosting a World Marathon Major, with Mayfair also ranking as the world’s most expensive marathon neighbourhood for those wanting…
Read More 
HMRC ramps up scrutiny of residential property valuations as it cracks down on inheritance tax avoidance
Taxman’s requests for help from the Valuation Office Agency with property valuations in IHT returns rises nearly 25% Rise reflects HMRC’s increased efforts to recover revenue from underreported and misvalued estates. HM Revenue & Customs is increasingly challenging residential property valuations in inheritance tax (IHT) returns, with the number of cases referred to…
Read More