Closed petition Remove the Ban on agency fees and set a cap for fees instead.
It is unfair for small businesses to survive especially after the increase in online estate agency and banning the agency fee makes it more difficult for estate agency to survive. To meet costs banned fee would be forwarded to landlords who would pass the cost onto tenants by increasing their rents.
It seems unfair for agents to charge tenants fee however Estate agents has to pay fees for referencing, Staff for viewings, Company cars, membership of professional bodies to regulated Fair trade, subscription for property portals and etc.These are paid for providing a professional first class service to the landlord and tenants.
To cover these costs agents should be allowed to charge agency fees. A cap should be set for agency fees instead so it would be fair for the tenants and Agents.
This petition closed early because of a General Election Find out more on the Petitions Committee website