Brilliant news that Letting Agents fees are going to be banned...

[weresquirrel]

and deposits limited to 1 week instead of 6! Yay, at last someone is giving a damn about poor tenants who have been treated like crap for years, both by the Government and by landlords and letting agents! Hooray! Well done the evil Tories .

As someone whose been given 2 months notice, and feel like I'm going mad about how I'm going to get everything done. Luckily i had saved £5000 in case we needed to move but how the hell would you find somewhere, come up with that money, move, get post redirected in a month!

Mummyoflittledragon - that's interesting and I hadn't been aware of that risk at the end of an AST.

I suppose the solution is to begin discussions with tenants about their future plans more than two months before the end of the fixed period, and get a new AST signed at that stage if they want to stay.

In any case, it is often letting agents, who insist on contract extensions as opposed to going onto periodic. I have to tell the agent I don't want extensions. They charge me for the privilege btw. I was assuming they don't charge the tenants but maybe I'm wrong.

I wish landlords would make themselves aware of what agents charge to tenants.

I think those two posts highlight the problem with fees nicely, and something that banning fees to tenants would solved. But as you can see, some LLs aren't even aware tenants are being charged a fee at all, so clearly aren't fighting their corner by shopping around.

This all makes complete sense, and I am rather shocked it took the government this long to figure this out. I would bet a lot of money that fees charged to LLs are pretty competitive, because of course LLs will shop around if EAs are changing 90 pounds to them for printing a document.