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Posted by Let Alliance on January 23, 2017
An update from Andy Halstead, Chief Executive on letting agent tenant fees:
“During week commencing 9th January we met with 100 Let Alliance customers around the UK in 9 workshops, where business owners and senior team members spoke openly about their ideas and plans as a consequence of the pending tenant fee ban legislation.”
The workshops assumed that all tenant fees relating to the granting, maintenance and extension of tenancy agreements will be banned. The output from the workshops is the Let Alliance Fit for the Future programme where we will continue to work in partnership with our letting agent customers with the objective of replacing lost fee income and the associated contribution to profit, whilst simultaneously improving our proposition for landlords and tenants.
Andy says, “I’ve also recorded a short video message which summarises my thoughts on the potential ban, it’s impact and our activity.”