My letting agent is charging a 'referencing guarantee fee' and a percentage on 'contract negotiation'. Are these legitimate charges under UK consumer law or can I challenge them as a landlord?
Quick Answer
Letting agents cannot charge landlords for tenant referencing or contract negotiation under the Tenant Fees Act 2019, as these are prohibited payments.
About This Topic
Landlords: Learn if your letting agent's 'referencing guarantee fee' or 'contract negotiation' percentage is legitimate. The Tenant Fees Act 2019 prohibits these charges.
This question is part of our Tax & Accounting category, providing expert guidance on UK property investment.
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