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We have been banging on about banning letting fees for more than two years now. The case against them keeps getting stronger.
The latest evidence is from the English Housing Survey, which revealed in July that up to 69% of tenants living in unsatisfactory homes are discouraged from moving out because of the cost of agent fees. It also suggests the scam is worth around £115m a year.*
Letting fees – 10 areas now covered
This morning we have published six more areas on www.lettingfees.co.uk – Manchester, York, and four more London boroughs – Bromley, Camden, Lambeth and Wandsworth.
Flathunters in those areas can check to see which letting agents are charging the least, and which charge the most. These areas join four already in London, and bring the total number of letting agents covered by our website past 700.
Shedding light on letting fees
If you’re thinking of moving to the north east London borough of Waltham Forest, be sure to check what letting fees you’d have to pay with each agent. Our friends at Waltham Forest Renters have published a list of all the area’s letting agents and what fees they display online. A two-person household could find themselves paying between £150 and £792 depending on who they pick. The story has been picked up in the local press and by Londonist.
