MARCH 26, 2015 | BY A & S Property
MPs want research on lettings agency fees ban
The next government should assess the impact on the private rented sector before making any decision to ban, or rule out a ban, on letting agents' fees in England, according to an influential committee of MPs.
The Communities and Local Government committee, in a report concluding its work in this parliament, says the evidence from the existing ban in Scotland is not strong enough to reach a view on the impact of a possible ban in England.
"Even if a ban is shown beyond doubt to lead to higher rents, it should not be ruled out. It may enable people to spread the costs of renting more comfortably across the duration of their tenancy.”
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