Call for landlords to be rated online

Published on

Consumer watchdog Consumer Focus has called for ‘repetitional regulation’ of landlords, via a ratings website.

It argues that repetitional regulation has worked well in other sectors with commercial sites, such as eBay or Amazon, displaying consumer reviews and feedback to people have access to a range of information before they make a decision on what to buy. Consumer Focus believes that a similar site based on constructive feedback could help solve the information imbalance and help people seek out more reputable landlords and avoid the bad ones.

This call comes as it publishes a new report, ‘Opening the door’, which argues that one of the biggest issues in the sector is that private renters often know very little about their landlords before signing a tenancy agreement.

The watchdog has written to some of the largest letting agents and deposit schemes in England calling on them to explore how online feedback could empower tenants by giving them a better insight into their potential landlords.

Claire McAnulty, policy spokesperson at Consumer Focus said: “Currently the landlord is firmly in the driving seat despite rent being a massive outgoing for many of us. People often sign up with little more than a gut feeling after a cursory tour of the property – if they are lucky

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Net zero rules targeted in housebuilding shake-up

The Conservatives have pledged to strip as much as £50,000 from the cost of...

Tories put stamp duty abolition at heart of housing shake-up

The Conservatives have pledged again to scrap stamp duty as part of a housing...

Target Group adds Carla Stent to board

Target Group has appointed Carla Stent as a non-executive director, adding further financial services,...

Later life lending summit to focus on changing advice needs

Mortgage advisers will be encouraged to consider how longer borrowing lives and increasingly complex...

National Friendly launches mortgage-linked income protection cover

National Friendly has launched a short-term income protection product designed to cover mortgage payments...

Latest publication

Other news

Net zero rules targeted in housebuilding shake-up

The Conservatives have pledged to strip as much as £50,000 from the cost of...

Tories put stamp duty abolition at heart of housing shake-up

The Conservatives have pledged again to scrap stamp duty as part of a housing...

Target Group adds Carla Stent to board

Target Group has appointed Carla Stent as a non-executive director, adding further financial services,...