Move 51⁰ North has become the first London council-backed online lettings agency to offer private tenants an alternative to mainstream lettings agencies. Haringey Council in north UK will charge private renters a fee of £180 to cover administrative costs and £ 72 for credit checks, with no requirement for renewal fees for continuing beyond the original contract period. Landlords will be offered property management services at the market rate and given permission to use the council’s maintenance services for repairs. “We hope the council will use this as an opportunity to lead the way in providing secure tenancies with predictable rents, but for the time being not all tenants will benefit. Generation Rent estimates spending £ 72 in 2021 , with a return on investment expected by 2021 . Dan Wilson Craw , policy and communications manager for Generation Rent , stated that the move is welcome and encouraged the consideration of much wider reforms to give renters even greater power in the market.
Move 51⁰ North has become the first London council-backed online lettings agency to offer private tenants an alternative to mainstream lettings agencies. Haringey Council in north UK will charge private renters a fee of £180 to cover administrative costs and £ 72 for credit checks, with no requirement for renewal fees for continuing beyond the original contract period. Landlords will be offered property management services at the market rate and given permission to use the council’s maintenance services for repairs. Generation Rent estimates spending £ 72 in 2021 , with a return on investment expected by 2021 . Dan Wilson Craw , policy and communications manager for Generation Rent , stated that the move is welcome and encouraged the consideration of much wider reforms to give renters even greater power in the market.