Wednesday, 13th November 2013
Modern Living Properties complying with the new rules for property ads
The Advertising Standards Authority has provided new rules to clarify non-optional letting fees and client charges for property adverts – Make Sure your agent is complying with the regulations.
There are yet more rules and regulations to abide by when letting a property. From November 1, 2013, as a letting agent or private landlord you now have to ensure you include information about non-optional fees in your property adverts together with any charges the tenant incurs during the rental process.
As a minimum, when an agent or private landlord advertises a property for rent, they must include all costs which they will charge up front: for instance, an administration fee or a referencing fee.
If, however, the charges can’t be calculated up front – if you don’t know whether you will have to reference one or more people, say – then they still have to make these available to tenants via adverts and online.
Make sure your agent is complying with these new regulations.
For more information speak to one of our experts on: 01865 481491 or email: email@example.com