Submitted by Administrator on Tue, 29/08/2017 - 14:55
The Welsh Government has published CCHPR's report on research into Welsh Letting Agent Fees to tenants.
The issue of letting agents fees to tenants is a concern across the UK. The formation of Rent Smart Wales in 2015 and the passing of the Renting Homes (Wales) Act 2016 provide some protection for households in Wales but the costs involved in private renting remain a concern to the Welsh Government.
Following a comprehensive survey of Welsh letting agents, the report provides a review of existing practice in Wales and sets it in the context of lessons which can be learnt from other devolved governments in the UK. It concluded that there was a need to balance the desire to ease the burden on low-income households against the need for agents to cover their costs and this may be achieved by a ban on fees to tenants, along the lines of those in place in Scotland.
To read more about the research and the report, click here.