Money-for-nothing renewal fees should be scrapped

The OFT has made it clear that landlords "should not be presented with a surprise bill for services they have not consciously agreed to".

David Salusbury, Chairman, NLA, said: "Although this is clearly good news for landlords, the NLA is still calling for these unfair renewal fees to be scrapped. Where the letting agent performs no service to the landlord throughout a tenancy, why should they still be able to charge the landlord if their tenant chooses to renew the tenancy?"

He added: "Our advice to landlords remains the same. Always check the small print before signing on the dotted line."
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