Letting Agents, Are You Compliant With Tenant Fee Rules?
It has come to our attention that Councils and Trading Standards are cracking down on letting agents that are not compliant with the 2013 Tenant Fees Rules, Regulations and Requirements. These new rules were not being enforced until 2014 when the government stated they would actively ensure they were enforced.
Guidance from the Competition and Markets Authority and agreed with the Advertising Standards Authority, stated that all rental property adverts need to reference tenancy fees, and that information on the actual fees a lettings agent charges also need to be provided.
Now we are aware that councils are beginning to send out their officers to check compliance and some letting agents are being caught out.
PCHomes Letting Agent Software can handle all your Tenant fees and allow these to be uploaded to your website and the portals, and be included on window cards and particulars for compliance with the law. For more information on how PCHomes handles your compliance see our previous news article Letting Agent Tenants Fees Rules 2014.
To find out more about our software services speak to a member of our team today on 020 8859 1700 (Option 1) or firstname.lastname@example.org
Written by Deb Roberts
Source Estates IT Ltd