With Brexit not clear and the issue with right to rent checks and referencing, this proposed move at this stage will create additional hardship in an already difficult market. introducing a tenant fee ban that will cause more financial pressure on landlords and the estate agency economy
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The housing market at present for letting and sales is currently at a very low rate, with investors not prepared to buy and sellers waiting for Brexit to be resolved. Introducing a tenant fee ban into this current climate will impact many business along with tenants as the supply of properties is at a low.