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Housing minister: “Rents may rise after letting fees ban”


Grampa

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The Gov't have been told numerous times that rents will rise as a result of this legislation.

At last, the minister's have finally accepted the inevitable.

In case they are reading this and just for the purposes of clarity........my rents will be going up.

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I have approx 400 rents i will be putting up without a doubt which in the long term will cost tenants a lot more then any fees charged. It will also greatly reduce the housing benefit stock because it puts them above the benefit rates. Well done all who pushed for this.   

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Every time the Government of the Day meddles in the housing and property market it always ends in confusion and ill thought out planning.

I have been saying this for the last 25 years.    Home Information Packs is always a good starting point.

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