The potential problem for renters is that a reduction in properties available for rent if landlords are selling will make it even more difficult to find the property they want.
My advice to the experienced and new investors was to choose very carefully the letting/estate agent they decide to work with this year and be sure they agent will still be trading or working with lettings after the tenant fee ban starts in 2018
With the Dunstable's close proximity to London where house prices have become unaffordable to many there is no surprise that buyers and renters are looking outside of the capital for accommodation.
I do hear from tenants that the letting agent they have or have had in the past hasn't acted in their interest maybe in regards to repairs on a property or when it comes to the deposit being returned
For tenants this will mean not having to find any upfront costs when applying for a property although I would expect more agents to request a 'Holding Fee' . This is deducted from the 1st months rent, but shows commitment from the applicants.
Most of the tenants are single or young couples from Europe often unaware that with apartments they will be required to pay for their utilities and council tax as well as the rent resulting in them having to reassess their budgets.
