Letting agents warned on contracts - Property, House & Home - The Independent
Letting agents are still using unfair terms and conditions for landlords despite a landmark ruling which prompted Foxtons to change its contracts, the Office of Fair Trading (OFT) warned today.
It urged operators to check that their terms and conditions are fair and transparent and has written to a number of agents and industry associations to point out the results of the legal case.
The OFT secured a High Court order against Foxtons last year after a judge said that some of its fees were like a "trap" for landlords - many of whom were buy-to-let investors.
Mr Justice Mann also said a number of terms and conditions were unfair and were not flagged up prominently enough.
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