Generation Rent on the warpath once more over agents’ fees

Generation Rent on the warpath once more over agents’ fees


Todays other news
Nicole Knight is reported to have siphoned off rent money...
PropTech supplier Nurtur has launched Nurtur AI Voice...
PDR could contribute up to 185,000 new homes by 2029...
Lettspay has introduced a range of ways agents can pay...


Campaign group Generation Rent has provided material to The Guardian newspaper suggesting that a typical two-adult household is being charged letting agents’ fees of up to £813.

 

The group claims that tenants in England are still paying an average of £404 every time they move. In the material published by The Guardian, the group says there can also be additional charges for tenants on low incomes and needing rent guarantors at an average cost £152, or needing to move in on a Saturday involving an extra payment of £62. 

 

Generation Rent is quoted as saying that agents are also charging for tenancy renewals, at an average price of £117 every six or 12 months. 

 

Check-out fees at the end of a tenancy are charged at £120, and references for the next tenancy average £60 for two people.

The group claims that it found Romans’ Wokingham branch charged £813 in total while other agents – including Piper Property in Bristol and East & Co in Waltham Forest, east London – not charging tenants any fees at all.

 

The official consultation into the government’s proposed ban on letting agents’ fees levied on tenants in England closes today.

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Letting Agent Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
PDR could contribute up to 185,000 new homes by 2029...
40% of renters found the process of securing a rental...
The demand comes from charity Independent Age...
Shared ownership homes in England have risen 25% but complaints...
It now progresses to the so-called Report Stage....
The BoE has come to a decision on interest rates...
The House of Lords committee stage now continues until May...
Recommended for you
Latest Features
Nicole Knight is reported to have siphoned off rent money...
PropTech supplier Nurtur has launched Nurtur AI Voice...
Sponsored Content
With less than a month to go until the UK...
The UK government has implemented 16 financial sanctions rule changes...
The owners of the Rentman software application (for property Lettings...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here