We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
MSE News: Rogue letting agents face Government crackdown
Former_MSE_Darryl
Posts: 210 Forumite
"Letting and property management agents will be forced to join a redress scheme and sign up to a tenants' charter..."
Read the full story:
Rogue letting agents face Government crackdown
Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
Rogue letting agents face Government crackdown
Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
0
Comments
-
Good news. And about time too!0
-
Protect the tenants? What about the landlord!
One case, I negotiated for the letting agent to handle the deposit, because having an independent third party is mostly why I use an agent for, so everything is above board and recorded, none of that who said what business.
The tenants left things in a mess, and the agent just says I didn't pay for management, so tough, they don't want to lift a finger, when the deposit is with the DPS in their name!0 -
As far as the tenants are concerned, an agent is not independent.I negotiated for the letting agent to handle the deposit, because having an independent third party is mostly why I use an agent forYou might as well ask the Wizard of Oz to give you a big number as pay a Credit Referencing Agency for a so-called 'credit-score'0 -
Protect the tenants? What about the landlord!
Landlords are free to shop around. Tenants get whatever letting agent the landlord has chosen. They are also usually wealthier and therefore can more easily cope with any financial losses (a few hundred pounds should be an inconvenience for a landlord, but it could mean a tenant can't afford to feed themselves properly).
That's not to say letting agents should be allowed to scam landlords, but tenants should be the priority.Note: Unless otherwise stated, my property related posts refer to England & Wales. Please make sure you state if you are discussing Scotland or elsewhere as laws differ.0 -
Letting agents act for the landlord, not the tenant.0
-
Heard it all before and I am sure as soon as any new rules come out clever people will be looking for ways around it.0
-
How about following Scotland's example and making fees illegal. That would be a huge first step.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.6K Banking & Borrowing
- 253K Reduce Debt & Boost Income
- 453.4K Spending & Discounts
- 243.6K Work, Benefits & Business
- 598.3K Mortgages, Homes & Bills
- 176.7K Life & Family
- 256.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards