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Scrapping of UK letting agency fees ‘shocks industry’

November 23, 2016Article by Chelsea Battle

Property professionals are giving their initial reactions to today’s UK Autumn Statement, which pledged to ban upfront letting agent fees, which is good news for tenants.

The budget update delivered by Hammond in the House of Commons, also included a new £2.3billon Housing Infrastructure Fund to deliver infrastructure for up to 100,000 new homes in areas of high demand.

In this article Ray Withers, CEO of Property Frontiers, comments on the outcome of the Autumn Statement.

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