Landlords call for cap on letting agents’ fees plus greater transparency

Landlords call for cap on letting agents’ fees plus greater transparency


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A survey has revealed that 59 per cent of London landlords support forcing letting agents to publish a breakdown of what their fees cover and 49 per cent support capping the fees charged by letting agents to tenants and landlords.

The same survey backs plans by London mayor Sadiq Khan to name those landlords bringing the private rented sector into disrepute are supported by a large majority of landlords in the capital.

The findings are based on one of the first surveys of landlords following the election of Khan as mayor. Compiled by the Residential Landlords Association, the survey finds that 75 per cent support publicly naming bad landlords.

 

With the mayor committed to developing new homes, 37 per cent of respondents said they would consider investing in new properties to rent if the London boroughs identified small plots of unused public sector land for the development of such housing.

“Landlords are ready and willing to work with the mayor to develop workable solutions to ensure the safe, legal and secure homes to rent we all want. The majority of landlords who provide decent housing and a good service to their tenants are fed up with the minority who provide sub-standard accommodation” says RLA policy director David Smith.

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