To ask the Secretary of State for Housing, Communities and Local Government, what assessment his Department has made of the potential merit of placing a cap or upper limit on letting agent fees.
Answered on
9 July 2018
The Government does not agree that a cap on fees would be effective as tenants would continue to have very limited ability to negotiate the level of fees. A ban ensures that the party that contacts the service pays for the service, which is an indicator of a fair market. A ban is also easier for tenants to understand and enforce.