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Survey reveals student households in Lincoln are being stung by rip-off lettings agent fees

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Student households in Lincoln are being forced to pay up to £1074 in up-front lettings agency fees, a new mystery shopper survey has revealed.

At the moment in England, lettings agencies can charge renters whatever they want on top of what landlords already pay them. There is huge variation in the fees different lettings agents force people to pay despite providing exactly the same kinds of services. Letting agency fees are out of control and more and more people are being ripped off across the country.

The mystery shopper survey reveals that on average student households in Lincoln are charged £379, but there is a variation in fees. Of the ten lettings agents in the city surveyed, two lettings agents charged over £1000 to student households while two others lettings agents charged nothing at all to tenants. 

The Labour Party says that lettings agencies shouldn’t be charging fees to students and other renters in the first place and has pledged to scrap the rip-off charges. 

Today Hilary Benn MP, Labour’s Shadow Secretary of State for Communities and Local Government, and Lucy Rigby, Labour’s Prospective Parliamentary Candidate for Lincoln, met with students in Lincoln to hear about their experiences of renting. 

Hilary Benn said: 

“A Labour Government will cut tuition fees and scrap the extortionate letting fees that many student households are being forced to pay in Lincoln and across the country. This Conservative-led Government has failed students and Labour is determined to make sure they get a much fairer deal.”  

Lucy Rigby said:

“Labour’s plans will to scrap letting fees will save student households in the city up to £1074 and will mean big savings for families that rent their homes in Lincoln too. With many people feeling the squeeze on their living standards Labour is determined to take action. Our scrapping of sky high letting charges is part of Labour’s plan to make sure people are better off and to stop them being ripped off.”

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