A leading insurance company says letting agents and tenants alike will suffer if the government’s proposed ban on fees levied on renters comes into effect in England.
Endsleigh is telling today’s ARLA Propertymark conference in London that agents, their partners and the government must work together to bring clarity to the proposals, which were announced in last year’s Autumn Statement.
The firm claims referencing and insurance are two areas likely to be impacted by the ban.
“The private rental sector is currently in limbo waiting for further details on the fee ban but the topic appears to have fallen off the agenda, causing confusion for both letting agents and tenants” says David Hadden, head of Endsleigh Let.
“Our lettings customers have told us how concerned they are about these changes and what it means for the private rental sector. Poor quality referencing could lead to higher eviction numbers and longer void periods. This, in turn, could affect connected insurances such as rent guarantee, with the likelihood of claims to be perceived as increasing, premiums would surely follow suit” he adds.
The Association of Residential Letting Agents is keeping up its campaign...
The Association of Residential Letting Agents has repeated it call for...
There are 4,000 jobs at risk if an outright ban comes...
The government will today announce that it is banning letting agents’...
It’s tempting to think that Michael Gove’s proposed clampdown on Airbnb-style...
Councils across England could make an additional £540m a year in...
The vast majority of negligence claims against conveyancers are for relatively...
You don’t have to simply accept things as they are when...
%20-%20IMAGE%20Client%20Accounting%20%E2%80%93%20what%20are%20your%20options.jpg)
The benefits for letting agents to outsource their client accounting is...
Let's be honest – landlords are the lifeblood of any letting...
.png)
I think we can all agree that the National Trading Standards...
Houses in Multiple Occupation are making up an increasing percentage of...
A lettings agency has been expelled from The Property Ombudsman scheme...
The government has written to Conservative MPs promising changes to the...
There’s been at most a one per cent reduction in landlords...
Tenant groups and charities reacted angrily over the Easter weekend to...
The government has written to Conservative MPs promising changes to the...
Who are you and what does it say on...
Who are you and what does it say on...
Who are you and what does it say on...
Join the conversation
Be the first to comment (please use the comment box below)
Please login to comment