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
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