Some of you may remember... Foxtons and the Office of Fair Trading are locked in dispute over a clause in the Foxtons letting contract (and - to be fair - just about every other lettings agents' contracts, too) demanding landlords pay a new commission to agents even when existing tenants simply renew. There's already been a little action, resulting in a Court of Appeal judgement that the final decision will apply to existing contracts as well as future ones. Now, we've a date for the final showdown... April 27. It will be interesting... a contentious issue with good arguments on both sides, and the potential to seriously affect agents all over London.
Letting agents and renewal fees: clear as mud [August 22, 2008]
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