29 July 2019 | Admin A government ban on letting fees has taken effect, with agencies no longer permitted to charge for setting up a tenancy, giving viewings, checking credit, drafting inventories, obtaining references and carrying out other administrative tasks. Citizens Advice estimated that private renters have been paying £13m per month in agency fees, while landlord and tenant website Bunk believe it may be over £191m per annum. |
22 July 2019 | Admin As a report reveals the extent of consumer misery from escalating ground rent costs, the Competition and Markets Authority (CMA) has announced a formal investigation into the leasehold market. A recent report from estate agency organisation Propertymark has found widespread difficulty among leasehold property owners. |
15 July 2019 | Admin With steep house prices and numerous associated buying costs, is there any merit in renting a property instead? Landlord and tenant website Bunk has assessed the expense of buying and renting a home over a 10-year period in the UK to compare the costs across different towns and cities. |