Plan to help tenants cut upfront fees that add to the burden which means some must find thousands to rent a home

Tenants could reduce the costs of renting a home by hundreds of pounds if a new 'referencing passport' scheme is introduced, it has been claimed.
The costs of renting a home - before a tenant has even stepped over the threshold - can run into thousands of pounds, including a month's rent in advance and paying for a reference.
But a new 'referencing passport' aims to help reduce these costs as the checks could be transferable between letting agents.
Some letting agents can charge tenants as much as £500 for the referencing checks to be made.
There is currently no guarantee that the tenant... read more

15 November 2016 in Business, Views: 40
Source: Daily Mail

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