The Lib Dems have called for an immediate ban on letting fees charged by agents.

Leader Tim Farron said that private tenants were being treated like “cash cows”, with fees adding up collectively to over half a billion pounds.

Farron said: “Private renters get a raw deal and urgent action is needed. They pay the most for housing and have the least protection. Renters are being treated as cash cows and it’s time they got the help they deserve.

“Unnecessary fees are a waste of money for those saving to get on to the housing ladder, and they push others into debt.

“They simply fill the pockets of lettings agents and it’s common sense that they should be scrapped without delay.”