starts today
May 27, 2015
It starts today.
The Consumer Rights Act has made it a legal requirement for all lettings agents in England to display details of all fees and charges on websites and in offices from 27 May.
Agents also need to display whether or not they are a member of a client money protection scheme along with details of the redress scheme that they belong to.
A holding deposits guide is available for agents and tenants to help explain when holding deposits may be taken, the process the agent should carry out, what information should be provided to the tenant and the fees the agent must justify if they are making a deduction from the holding deposit.
For further details go to: https://www.theprs.co.uk/Resource/AgentResource/10
You May Also Enjoy
Almost £1.4m difference in property prices between the start and finish lines of London Marathon
The latest property market analysis from London’s number one lettings and sales estate agency brand, Foxtons, has revealed that there’s a difference of almost £1.4m in the average sold price from the starting point of the London Marathon and the finish line. As London’s largest estate agent, Foxtons holds an unrivalled view of the London…
Read More 
Demand drops year-on-year for commercial property from high base
Three out of four of the main commercial property sectors saw a yearly decline in demand both in terms of leasing and investment in the first quarter of the year, amid speculation about interest rate hikes following the start of the war in Iran. According to Rightmove’s Commercial Insights Tracker for Q1 2026, the office…
Read More 
Property market is improving
Property market is improving, but more sellers are cutting prices and withdrawing from the market The latest market data analysis from House Buyer Bureau has found that whilst the property market is showing signs of improvement, more sellers are still being forced to cut their asking price, endure a failed sale, or withdraw from the…
Read More 
How much to live along the London Marathon Route
Local lettings and estate agency, Kinleigh, Folkard & Hayward, reveal the costs to live along the iconic route – from the start in Blackheath to Greenwich all the way to Tower Bridge Sunday 26th April sees the iconic London marathon – the world’s biggest annual one-day fundraising event – return to the streets of London.…
Read More 
FIVE food cupboard cleaning products that beat the branded – all under £1.50!
Use white wine vinegar to get rid of yellow pillow stains Many cleaning products Brits already have in their food cupboards Cleaning expert on five cleaning products that can help clean your bedroom From limescale to stubborn stains, many household messes can be tackled with items that are probably at the back of your food…
Read More 
Taxing times for bereaved families as IHT receipts hit a fresh record
Inheritance Tax receipts for April 2025 to March 2026 are £8.5 billion, which is £0.2 billion higher than the same period last year. This surpasses the £8.2 billion recorded the previous year and marks a fifth consecutive annual record. Rising receipts come amid intensified enforcement and public criticism that the inheritance tax system is unfairly…
Read More