Autumn Statement – Will letting fee’s be banned?

The Chancellors Autumn statement of yesterday (23rd November 2016) inferred that Lettings Fees will be banned “as soon as possible”.

Following a period of consultation, new legislation is expected to be introduced to negate the costs incurred by tenants prior to moving into a rental property. Shires will be keeping a close eye on developments and will post regular updates once the legislation is confirmed.