Boost for renters as poll shows little public support for tenant fees

Boost for renters as poll shows little public support for tenant fees

Todays other news
The questions suggest most details of Awaab's Law have still...
The figure is in a government impact assessment about Awaab's...
It will come into effect later this month...
The council will shortly begin a two month consultation exercise...


The government’s proposed ban on letting agents charging tenant fees has gained significant support from members of the general public, while most of those in favour of the fees believe that private renters should only be required to pay a nominal amount.

Advertisement

According to the charity Citizens Advice, the fees currently cost tenants an average of £337 per person, but the Association of Residential Letting Agents (ARLA Propertymark) says that around £200 per tenant is a more realistic figure for fees relating to a range of administration, including reference, credit and immigration checks, as well as the drawing up of tenancy agreements.

Advertisement

But a new survey has found that 46% of Brits think tenants should not pay any admin fees or charges, above and beyond a tenancy deposit and first month’s rent when renting through a letting agent, while 61% of those surveyed supported a definitive outright ban on fees when renting property directly from a landlord.

Advertisement

When asked how much is too much when it comes to tenants fees, almost two thirds of respondents – 61% – thought tenants should pay no more than £50 in admin fees to secure a property. This figure increases to three quarters – 74% – when looking at the results for private renters only.

The results show that many people are happy with the idea that tenants should pay a small fee to cover legitimate expenses during the tenancy application process, but less than 10% of respondents thought tenants should have to pay more than £150 to secure a property.

Advertisement

Nick Marr, co-founder of TheHouseShop.com, which commissioned the YouGov research, said: “Our latest YouGov survey results clearly show that there is little public support for the current system where tenants can end up paying hundreds of pounds in admin fees to secure a new property.

“In fact, the majority of people said that tenants should pay a minimal fee of no more than £50.”

Advertisement

Marr said that there is plenty of evidence to show that a growing number of tenants are actively seeking out private landlords in an attempt to “avoid the hefty fees charged by some letting agents”.

He added: “Many tenants are prepared to pay a small fee for legitimate expenses involved in securing a property, such as a professional reference check, as this has become common practice even among private landlords – but vague and undefined ‘admin charges’ that can total hundreds of pounds are tough to defend in the current market.”  

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Landlord Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
House for rent sign in front of a blurred residential property.
The figure is in a government impact assessment about Awaab's...
Group of diverse people holding hands in unity for landlord community.
It's applied to the social housing sector for a year...
Blue house models of different sizes representing property growth and rental market trends.
The council event is organised along with the NRLA...
Mould and water damage in a property corner, showing dampness and mold growth.
The government consultation closes on December 18...
The figures come from lenders' trade body, UK Finance...
Tenants are increasingly discerning, claims the agent...
The Spanish Supreme Court made a key decision in May...
Recommended for you
Latest Features
It takes place on October 28...
The view of the chief operating officer of one of...
Sponsored Content
Property investment is a long-term strategy, but that doesn't mean...
The Renters’ Rights Act has sparked widespread discussion around rent...
Thinking About Selling Your Rental Property? Five Things Landlords Should...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.