No plans to scrap letting agent fees

Thursday, 2 March 2017 00:00

There are no plans to cap the fees and costs imposed by letting agents on the Isle of Man.

That's the message from the Department of Environment, Food and Agriculture which has responsibility for the Office of Fair Trading.

Questions were raised in the House of Keys this week as to whether the Island will follow Scotland and eradicate the fees generated when a landlord and tenant are brought together:

Minister Geoffrey Boot confirmed the OFT is launching a public consultation with a view to updating the Estate Agents Act 1975 - he says a range of areas will be looked at:

More from Isle of Man News

D-Day 80th to be marked with bagpipes

The 80th anniversary of the D-Day landings will be celebrated across the Island with 10 days of bagpipes.
Airport closes runway temporarily due to small aircraft incident

Isle of Man Airport have confirmed that the runway is currently closed following an incident involving a small aircraft.
Ongoing incident involving emergency services at Ronaldsway Airport

We've received reports of an ongoing incident on the runway at Ronaldsway Airport.
Chief Minister says government have been reminding people to 'buy Manx'

The chief minister says the government constantly reminds people about the benefits of buying local produce.
Investigative journo who uncovered Michelle Mone's links to PPE company awarded

The journalist who uncovered Michelle Mone's links to a company supplying PPE equipment during the pandemic has been named news reporter of the year by the Press Awards.
Minister to be questioned on cigarette age restrictions

Cigarette age restrictions will be on the agenda at next week's House of Keys sitting.
Man denies dangerous driving allegations

A motorist has denied dangerous driving after allegations he nearly caused several head-on crashes by driving on the wrong side of the road.
Hospitality body hits out at government

A hospitality body is demanding the government lowers VAT and income tax.