DD , RRPM commented on the post, Letting agents report up to 25% reduction in revenue following ban 3 months, 3 weeks ago
But how? Our revenue hasn’t changed because we prepared and planned 2 years before the ban came into effect – if letting agents have lost revenue then it’s because of their own lack of action and incapability of running a business.
15-20% on average at most is what the ban on agency fees has cost the sector – 75% is either a lie or they’re one of the unscrupulous agents that has fleeced tenants and why we’ve had legislation to ban it. I suspect that the 2% increase as well as an increase in rent is not only helping Mr Landlord…
DD , RRPM commented on the post, Government rejects agent's petition calling for tenant fees cap 1 year, 9 months ago
The response from the Government was pathetic.
The draft Tenant Fees Bill reflects feedback from the eight week public consultation (April – June 2017), which received over 4,700 responses. More than 9 out of 10 tenants who responded to the consultation backed the action to ban letting fees.
The above consultation is quite frankly l…[Read more]
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