Latest News

Propertymark's predictions for 2019

14 December 2018

Last week, we took a look back at 2018 and analysed how the market has changed over the last 12 months, but today we're peeking into our crystal ball, to see what's to come in 2019. Read More...

Propertymark Protected agency launches its 2020 green vision campaign

13 December 2018

ARLA Propertymark Protected Newton Property, one of Scotland’s leading lettings companies, has this week launched its national 2020 Green Energy Vision campaign helping Scotland embrace a more sustainable, environmentally-friendly future. Read More...

Double-edged sword as cost of student lets rises

10 December 2018

Universities across the UK have seen student numbers escalate over recent years and they had to turn to the private sector to help ensure supply of accommodation. According to a report released last week by Unipol and National Union of Students (NUS), this has been a double-edged sword, bringing both benefits to students, and cost implications. Read More...

Tenant Fees Bill Public Committee evidence session

Tuesday 05 June 2018

On Tuesday 5 June, ARLA Chief Executive David Cox gave evidence to MPs on the Public Bill Committee who were examining the Tenancy Fees Bill.

The MPs from across the political spectrum reaffirmed the cross-party consensus to ban letting agent fees to tenants.

Whilst facing some very tough questioning David Cox argued that under the ban rents will go up and services to tenants will go down. Further evidence sessions were held in the afternoon and on 7 June, with Government departments, landlord associations and consumer organisations taking part.

Amendments were also tabled this week resulting in a revised Notices of Amendments document being published on the Parliament website. 

The main amendments are as follows:

  • Scrapping holding deposits completely
  • Reducing security deposits to three weeks
  • Scrapping default fees
  • Requiring Government to set out all default fees that are able to be charged in secondary legislation 

Line by line scrutiny of the Bill along with discussion of the tabled amendments will now follow which must conclude by 5pm Tuesday, 12 June. 

There are still many stages to go for the Bill and it’s vital that MPs realise the negative impact the ban will have on the sector if they blindly plough on with their proposals. We are continuing to engage with MPs and you should do the same. Change is coming, but it’s vital that we continue to shape these decisions as best as possible.

Only time will tell whether MPs will come to regret their decision. One thing is for sure - now more than ever - it is vital that you as ARLA Propertymark Protected businesses and members of the UK’s largest professional body for letting agents stand out from the crowd. Display your logos proudly and continue to provide a professional service to ensure tenants and landlords are Propertymark Protected.

We have recently published a Tenant Fees Bill Fact Sheet which members can access via the members' area of the website, and we will continue to support and inform you as the legislation passes through Parliament.