Petition Immediate cap on fees charged by letting agents

The rental market is open to abuse by letting agents who can name their price; there is no correlation between the costs they incur and the fees charged. It's a free for all, with fees for the same processes widely differing for no apparent reason but to put more money in the pocket of the agent.

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Do these examples seem fair?

Print & sign tenancy contract: £120
What does it really cost to print a document?

Credit check: £100
Credit checks typically cost less than £30

Moving in fee covering background & credit check: £395
That's £395 BEFORE you've even paid your rent & deposit. And if you 'fail' you lose your money.

We're not proposing scrapping the fees, after all the agents do incur costs. But a cap would give clarity for all, and prevent profiteering hitting renters in the pocket.

This petition is closed This petition ran for 6 months

14 signatures

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10,000

Date closed 12 December 2018
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