Queen's Speech confirms letting fees ban for tenants

News at Eden Harper | 21/06/2017


A proposed ban on letting agents' fees for tenants will go ahead after being confirmed in The Queen's Speech. 

The government first announced its intentions to place a ban on tenants paying letting agent fees in the Autumn Statement in November 2016, when Chancellor Philip Hammond said a ban would be implemented 'as soon as possible'. 

A draft bill will now be published 'later this year'. This follows the  consultation period, which ran from 7 April to 2 June 2017. A consultation paper detailing the ban was made public, which gave interested parties the opportunity to read the paper and provide feedback. This feedback is currently being analysed. 

The aim of the tenant fees ban is to make the lettings industry more transparent and affordable for tenants, especially those who move around the sector, while making it easier for tenants to save for a deposit to buy their own property. 

A similar ban on letting agents charging tenants fees was implemented in Scotland in 2012. 

The Queen's Speech, an occasion which forms part of the State Opening of Parliament and heralds the start of the Parliamentary year, details the laws which the government of the day hopes to get approved by Parliament over the course of the year. 

In addition to the tenant fees ban, the Queen also reiterated the government's pledge to build more homes.

Click the link below for further information:

Letting Agent Today

Our offices are now open from 10.00am - 6.00pm Monday - Thursday and until 5.00pm on Fridays. Saturdays normal hours are in operation 10.00am - 3.00pm. All visitors are requested to wear face masks and observe social distancing measures. Viewings are by appointment only and may be subject to screening questions. Our Property Management department are still part working from home, but will respond promptly by email and are contactable by phone. We ask all our clients and customers to observe safe practices due to the Covid 19 pandemnic, to help protect both themselves and our staff.
Covid 19 Information Hide