Friday, May 7, 2021
Landlords

Almost all TPO letting agents in Swansea & Dorset now displaying their fees correctly

Phase one of a national campaign between The Property Ombudsman (TPO) and the Chartered Trading Standards Institute (CTSI) to tackle letting agents breaking the law by not displaying their fees, is complete.

The Property Ombudsman has confirmed that 99% of TPO letting agents in Swansea and Dorset are now compliant. Phase two of the campaign is due to launch week commencing 27th March.

Despite the government announcing plans to ban agents from charging tenants upfront lettings fees, a period of consultation to draft and pass new regulations is yet to commence. In the meantime, the obligations on English and Welsh letting agents to display fees – along with redress and Client Money Protection (CMP) scheme membership details – remain.

Important:

The articles are for information purposes only and Invest for Property shall not be held responsible for any errors, omissions or inaccuracies within it. Any rules or regulations mentioned within the website are those relevant at the time of publication and may not be the most up-to-date.

Invest for Property does not endorse any of the products or services that appear on it or are linked to it and are not liable for any action that you may take as a result of the content of this website, or losses or damage you may incur doing so.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

Please remember that investments of any type may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

Leave a Reply

4 × one =