Letting agents could 'go bust' if Foxtons case lost

A recent article in Property Week draws attention to the fact that many letting agents could 'go to the wall' if Foxtons loose their case against the Office for Fair Trading. The judgement expected by the end of July is into whether Foxtons and other letting agents are able to charge a renewal fee for renewing a tenancy even when they have not actually carried out the renewal of the tenancy for the landlord.

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