New tenant fee shift ‘could see landlords increase rents’
The government’s new ban on tenancy fees could result in landlords increasing rents in a bid to absorb the burden of fees that are now being put onto the property owner, rather than the tenant.
This month saw the government’s Tenant Fees Act (English letting fees ban) come into play, which is not a banning of fees outright, but a shift from tenants to landlords - the burden of fees being put onto the party with the choice of agent, or onto the agents themselves if they chose to absorb the fees on behalf of clients.
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