Abolish Fees & Lengthen Tenancy Contracts

My view is that letting agency fees should be abolished completely. As others have already stated, they are a huge financial burden on tenants who in many cases are on lower incomes, and are imposed at the start of the tenancy when a tenant often also has to pay a number of months rent upfront. Being self employed, in my previous rental tenancy, I was required to pay the full 6 months of the tenancy upfront, plus a 1 month deposit, plus the fees. It is utterly unrealistic to expect many tenants to have the capital available to do that. I cannot understand why this is even be debated, letting agency fees were abolished in Scotland in 2016, when my girl friend contacted our AM about this in 2017 we were told it was being debated in the Senydd and would become law later in 2017 or early 2018. We are now in August 2018 and the debate seems to be pointless, and never ending.

I also believe that tenants should have access to longer rental contracts. At present, the maximum that is offered appears to be a 12 month tenancy contract, which with the continued existence of the appalling Section 21 Eviction Notice, can mean you can be the victim of a no-fault eviction after 10 months of a 12 month contract, or 4 months into a 6 month contract. Several countries in Europe offer standard rental contracts of 3 or 5 years, or even longer, which the tenant can extract themselves from without penalty by giving an agreed notice period. This provides tenants with very much needed stability and peace of mind. I understand that the Scottish Parliament is in the process of introducing 3 year tenancy agreements, however in Wales it seems to be yet another endless debate. When is the Senydd going to stop sitting on its hands in endless debates, and actually take some positive and critically needed action?

Why the contribution is important

I also believe that tenants should have access to longer rental contracts. At present, the maximum that is offered appears to be a 12 month tenancy contract, which with the continued existence of the appalling Section 21 Eviction Notice, can mean you can be the victim of a no-fault eviction after 10 months of a 12 month contract, or 4 months into a 6 month contract. Several countries in Europe offer standard rental contracts of 3 or 5 years, or even longer, which the tenant can extract themselves from without penalty by giving an agreed notice period. This provides tenants with very much needed stability and peace of mind. I understand that the Scottish Parliament is in the process of introducing 3 year tenancy agreements, however in Wales it seems to be yet another endless debate. When is the Senydd going to stop sitting on its hands in endless debates, and actually take some positive and critically needed action?

by csharman on August 24, 2018 at 03:55PM

Current Rating

0.0
Average score : 0.0
Based on : 0 votes

Comments

  • Posted by Beth September 10, 2018 at 13:26

    Agree. Unless there are big changes in the way the property market works, more and more people are going to be renting well into middle-age and an increasing number will never own their own property. The market needs to provide people with stability. The Welsh Government should look into how this is managed in European countries, where renting later in life is normal, and seek to implement an appropriate model in Wales.
Log in or register to add comments and rate ideas