Right now letting agents can charge renters whatever they want, on top of the fees that landlords pay them already. We think it is time for action. Fees are business costs, and they ought to be paid by the business or the landlord, the one profiting from the business of renting.
- 1 in 4 renters in Wales who have used a letting agency have been charged excessive fees
- More than 1 in 3 have been charged over £200 in admin fees at the start of their tenancy
- Some have been charged admin fees as high as one month’s rent plus VAT – and that’s on top of paying for the bond and rent in advance.
Scotland has already banned fees to tenants, and the letting sector is still going strong
We won’t stop until we Make Renting Right in Wales.