Been Let Down By a Letting Agency?
Join the Letting Agent Monopoly - Islington Green, 12 noon, Sat 27th April
Our friends at
Islington Private Tenants are organising a tour of some local letting agents with a MONOPOLY themed action.
They’ll have props and banner to give out on the day but please bring anything else you have including:
- Banners/ ‘adapted’ letting agent placards
- Monopoly props like top hats and monopoly money
- Anything to make noise with!
RSVP on Facebook if you can:
http://www.facebook.com/events/241209972683850/
This action is being organised by local people from north and east
London including the private tenant groups Islington Private Tenants, Digs (Hackney), and Tower Hamlets
Renters. If you have any questions or
ideas, please email
hello@hackneyrenters.org
When: Saturday 27 April, 12 noon
Meet: Islington Green, N1 8DU
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High rents – research conducted by
Shelter
found that one in five landlords increase their rents because their
letting agent encouraged them to. By contrast, only 4% of landlords
increased their rent because they were facing increased costs.
Extortionate, bogus fees – letting agents provide a
service to landlords, and charge them for doing so. Yet recently letting
agents have started charging bogus fees to tenants as well, often in
the region of £300-400 per person just for “admin”, “reference checks”
or even “renewing a tenancy”. In Scotland,
it is illegal for letting agents to charge tenants any fees.
Discrimination – many lettings agents refuse to let to any tenants in receipt of housing benefit. A recent ‘mystery shopping’ exercise by
Crisis found
that less than 2% of shared rental properties are available to young
single people on benefits. We’ve also come across stories of renters
being discriminated against by letting agents because of their gender or
race, while
Trailblazers,
a network of young campaigners with disabilities, have highlighted the
poor service their members have received from letting agents.
Unregulated – an amendment to a parliamentary bill
on 16 April 2013 means that letting agents will now have to sign up to
an ombudsman scheme, and the Office of Fair Trading will have the power
to ban those who act improperly. However, it’s still possible for anyone
to set up a lettings agency, without any qualifications, need to
conform to any code of conduct or provide safeguards.
Profiting from insecurity – letting agents make
money from people moving, rather than remaining secure in their homes
and putting down roots in a community. According to the
English Housing Survey,
over a third (35%) of private renters have been in their home for less
than a year, compared to 3% of home owners and 8% of social renters.
For further information, see:
letdownblog.wordpress.com/