Money Box

Ban on lettings fees begins


Listen Later

Letting agencies can no longer charge tenants fees when they rent a property. They've already been banned in Scotland and now England is following suit. They can be pretty hefty - for example £500 for a credit check, £200 to check out of the property. These fees account for £700m a year and account for a fifth of agencies turnover. So is this a win win for tenants or will the ban have unintended consequences?

When it comes to elderly or vulnerable loved ones, family and friends often rely on other people to help manage their day to day lives, including going shopping, paying bills, helping them look after their money. Many elderly people fall victim to financial abuse. We speak to Action on Elder Abuse about what you can do to try to stop this from happening.

And this week a major change began which should mean that victims of bank fraud are reimbursed for their losses in almost every case. But it only applies to frauds committed from last Tuesday, May 28th. So what can be done about the estimated £1bn of money people have had stolen before this code was introduced?

Plus we find out more about TSB's 'fraud guarantee'.

Presenter: Paul Lewis

Reporter: Dan Whitworth
Producer: Alex Lewis
Editors: Richard Knight + Richard Vadon

...more
View all episodesView all episodes
Download on the App Store

Money BoxBy BBC Radio 4

  • 4.1
  • 4.1
  • 4.1
  • 4.1
  • 4.1

4.1

21 ratings


More shows like Money Box

View all
In Our Time by BBC Radio 4

In Our Time

5,416 Listeners

The Documentary Podcast by BBC World Service

The Documentary Podcast

1,802 Listeners

Wake Up to Money by BBC Radio 5 Live

Wake Up to Money

56 Listeners

Global News Podcast by BBC World Service

Global News Podcast

7,654 Listeners

6 Minute English by BBC Radio

6 Minute English

1,752 Listeners

Learning English Conversations by BBC Radio

Learning English Conversations

1,085 Listeners

The Bottom Line by BBC Radio 4

The Bottom Line

36 Listeners

More or Less: Behind the Stats by BBC Radio 4

More or Less: Behind the Stats

884 Listeners

 by Financial Times

54 Listeners

The Infinite Monkey Cage by BBC Radio 4

The Infinite Monkey Cage

2,088 Listeners

Newshour by BBC World Service

Newshour

1,036 Listeners

The Martin Lewis Podcast by BBC Radio 5 Live

The Martin Lewis Podcast

66 Listeners

The Meaningful Money Personal Finance Podcast by Pete Matthew

The Meaningful Money Personal Finance Podcast

85 Listeners

The Money To The Masses Podcast by Damien Fahy

The Money To The Masses Podcast

13 Listeners

This is Money Podcast by This is Money

This is Money Podcast

38 Listeners

Curious Cases by BBC Radio 4

Curious Cases

773 Listeners

Cash Chats UK Money & Personal Finance podcast by Andy Webb

Cash Chats UK Money & Personal Finance podcast

8 Listeners

AJ Bell Money & Markets by AJ Bell

AJ Bell Money & Markets

13 Listeners

Which? by Which?

Which?

12 Listeners

On The Money by interactive investor

On The Money

3 Listeners

Americast by BBC News

Americast

706 Listeners

You're Dead to Me by BBC Radio 4

You're Dead to Me

2,947 Listeners

Switch Your Money On by Hargreaves Lansdown

Switch Your Money On

1 Listeners

Many Happy Returns by PensionCraft

Many Happy Returns

36 Listeners

Making Money by Damien Jordan & Timeyin Akerele from Most

Making Money

9 Listeners