The Government has announced a 6-week “call for evidence” on proposals to regulate lettings and management agents. This is welcome – if long overdue – news.
It is a disgrace that anyone can set themselves up as a property “professional” without having to meet standards on knowledge, education and probity. It has resulted in tenants and landlords being ripped off and kneejerk quick fixes from the Government.
A prime example of this is charging exorbitant lettings fees to tenants, leading to the soon to be implemented ban on tenant fees. This is an ill-conceived reaction; a far more reasonable response would be to cap the level of fees that can be charged.
For the avoidance of doubt, househandlers is a long-standing member of the Association of Residential Lettings Agents (ARLA). Lettings fees that we charge to tenants are not inflated, and reflect the work that needs to be done to protect the landlord’s and tenants’ interests