One Stone, Seventeen Birds: Seventeen Letting Agents Fined by One Council
By |Published On: 22nd June 2018|

Home » Uncategorised » One Stone, Seventeen Birds: Seventeen Letting Agents Fined by One Council

One Stone, Seventeen Birds: Seventeen Letting Agents Fined by One Council

By |Published On: 22nd June 2018|

This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.

Failure to comply with legislation has led to 17 letting agents being fined. Two branches of Foxtons have been named and shamed among this 17, in addition to a letting agent that is now in liquidation.

Between July 2016 and the end of this month, Tower Hamlets, in London, underwent an investigation of 401 letting agents and landlords. The purpose of this investigation was to monitor compliance with regulations including fees transparency and evidence of deposit protection.

It was referred to by the Council, as a crackdown on hidden fees.

We remind all letting agents to comply with their responsibilities on fees, particularly ahead of the ban on charging fees to tenants

Though specific information wasn’t exposed, Tower Hamlets revealed that a total of 27 letting agents, landlords and managing agents have all received a combined fine of a staggering £150,000. Fines issued ranged from £1,000 to £10,000.

What happens to those who have received fines?

Those who received fines are immediately required to make the necessary changes to ensure that they are compliant with legislation requirements. To ensure that these actions have been implemented, the Council  is due to carry out further inspections.

A spokesman for Tower Hamlets commented: “We are committed to ensuring people wanting to live in our borough are not exploited by rogue letting agents or landlords. We will not tolerate individuals or organisations actively trying to mislead our residents.

“The majority of letting and managing agents in Tower Hamlets successfully help people to settle within our diverse and growing borough. It’s disappointing that a small number are acting dishonestly and misleading people looking for a new home.”

Commenting on the protection for residents is Cllr Sirajul Islam: “We are protecting our residents by ensuring they have all of the information needed prior to renting their property. Transparency from letting agents, managing agents and landlords is imperative to ensure the process is fair for everyone involved.”

About the Author: Em Morley (she/they)

Em is the Content Marketing Manager for Just Landlords, with over five years of experience writing for insurance and property websites. Together with the knowledge and expertise of the Just Landlords underwriting team, Em aims to provide those in the property industry with helpful resources. When she’s not at her computer researching and writing property and insurance guides, you’ll find her exploring the British countryside, searching for geocaches.

Share this article:

Related Posts


Looking for suitable
insurance for your
Check out our four
covers for landlords