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Monday, February 04, 2013

PRS parliamentary review committee

A committee of MPs is set to begins an investigation into the problems faced by those stuck in the Private Rented Sector. Rent controls, landlord regulation, letting agents and the revision of tenancy laws are all set for review.
The Local Government Association are calling for legislation to battle rogue landlords and letting agents and their spokesperson Tony Newman will be giving evidence to the committee today.

MPs will be told today of the extortionate fees charged to tenants by letting agents. Local Government Officials will be reporting of some non-refundable administration costs in excess of £500 placed on tenants and call for more powers are needed to protect tenants from unscrupulous agents, as well as rogue landlords, as more people are forced to turn to the private rented sector.

For the full details on the Parliament website

For more details see this Telegraph article 

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