The Welsh Government has commissioned CCHPR to undertake research into fees charged by letting agents across Wales. The aim is to broaden understanding on what constitutes a ‘fee’ or a ‘charge’ and the levels at which these are levied. It explores the potential impact on letting agents, landlords, tenants, and the private rented sector as a whole, if these fees were to be banned.
The private rented sector has been growing rapidly in the last 10-15 years with low income households often finding it difficult to access housing, partly because of difficulties affording the fees charged by letting agents. This has led to calls to ease pressure on tenants by preventing letting agents from charging fees to tenants throughout the UK. Legislation was enacted in Scotland in 2012 to clarify that fees to tenants are not permissible, and there is a consultation currently taking place in England on the issue.