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Letting Agents Forced To Be Registered

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Read this in todays Standard:

http://www.standard.co.uk/news/london/ripoff-letting-agents-face-ban-under-new-law-8575008.html

The thousands of London tenants at the mercy of rogue letting agents are to get full legal protection for the first time.

All agents will be forced to join a government approved ombudsman-type scheme under a clampdown announced today in the Commons.

This will give tenants and landlords who are ripped off by agents the chance to get their money back without having to go through the courts. Agents that refuse to comply will face heavy fines and could be banned from trading.

Have to admit i'm surprised. Thought the government attitude was that scum who rent deserve to be ripped off....

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The problem is that even the agents who are already signed up to these schems barely understand tenancy laws, don't care and have you by the balls reference wise if you try to complain. I don't see this making much of a difference other than in a few cases.

Edited typo.

Edited by Longtermrenter

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  • 245 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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