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Letting agency renew fees?

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By (user no longer on site) OP   
over a year ago

So guys and girls what's your views about letting agency renewal fees

I signed up for a years tenancy last September and it's coming to and end and the letting agency has asked if I wish to extend the tenancy by a further 6 months however an administration charge will need to be paid £120 for a new contract and checks. Bloody rip off I think

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By (user no longer on site)
over a year ago

jeez ,,,thats expensive , i pay £60 every 12 months ...and i thought that was a rip off when they don't even have to generate a new contract ...in face ...what DO they have to do to renew a contract ?

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By *andS66Couple
over a year ago

Derby

Speaking as someone who's both rented and let, letting agencies are, generally, scum.

The renewal of contract fees are a rip-off, they take 10% of the rent, they do nothing to sort any problems on either side, they bare none of the risk whatsoever, if a tenant doesn't pay it's up to the landlord to seek redress through the courts, etc, etc, etc.

I once had a letting agent phone me and tell me he needed a £60 fee to send an electrician round for a failed light.... it needed a bulb, FFS.

They are only interested in getting as much as they can for as little effort as possible.

And then try to get the deposit back, on either side...

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By *odareyouMan
over a year ago

not far from iceland,,,,,, tescos is nearer though :-) (near leeds)


"So guys and girls what's your views about letting agency renewal fees

I signed up for a years tenancy last September and it's coming to and end and the letting agency has asked if I wish to extend the tenancy by a further 6 months however an administration charge will need to be paid £120 for a new contract and checks. Bloody rip off I think "

I don t / won t use agents, they re a rip off for both parties,

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By *ee VianteWoman
over a year ago

Somewhere in North Norfolk

Do you have contact details for the landlord? If so, contact him/her about it, saying you're happy to sign a new agreement but you're not paying £120 to do it.

If not, tell the agency thanks but you're quite happy to let it become a rolling contract. No changes so no fee payable.

Alternatively they can print the same contract out again, with a few dates changed and you'll sign it for free.

If you don't sign a new contract, I think it will automatically become a rolling tenancy, (it may say something in the agreement to that effect). To get you out, the landlord will have to evict you. As long as you are paying the rent and not breaking the contract terms, that's not a fast process.

If you are a good tenant he is unlikely to want the hassle.

I *definitely* wouldn't pay them *anything* to renew the contract. They've had no costs related to marketing or showing the property, the agreement is already drawn up and there's no need to do another credit check.

They're just robbing bastards.

Tell them to sod off.

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By *ee VianteWoman
over a year ago

Somewhere in North Norfolk


"So guys and girls what's your views about letting agency renewal fees

I signed up for a years tenancy last September and it's coming to and end and the letting agency has asked if I wish to extend the tenancy by a further 6 months however an administration charge will need to be paid £120 for a new contract and checks. Bloody rip off I think

I don t / won t use agents, they re a rip off for both parties, "

Totally.

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By *ire_bladeMan
over a year ago

Manchester


"Do you have contact details for the landlord? If so, contact him/her about it, saying you're happy to sign a new agreement but you're not paying £120 to do it.

If not, tell the agency thanks but you're quite happy to let it become a rolling contract. No changes so no fee payable.

Alternatively they can print the same contract out again, with a few dates changed and you'll sign it for free.

If you don't sign a new contract, I think it will automatically become a rolling tenancy, (it may say something in the agreement to that effect). To get you out, the landlord will have to evict you. As long as you are paying the rent and not breaking the contract terms, that's not a fast process.

If you are a good tenant he is unlikely to want the hassle.

I *definitely* wouldn't pay them *anything* to renew the contract. They've had no costs related to marketing or showing the property, the agreement is already drawn up and there's no need to do another credit check.

They're just robbing bastards.

Tell them to sod off."

^ this an that's speaking as a landlord. Good tenants are hard to find the letting agents do fuck all except rip you and the landlord off. Keep paying your rent and find out who you landlord is if you have been there 12 months already and you given your landlord no problem's he would be mad to want you out over this you may have to sighn a new tenancy agreement directly with your landlord but that's no big deal. If you need help pm me I'll do my best to talk you throw it

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By *ee VianteWoman
over a year ago

Somewhere in North Norfolk

Also, bear in mind that if the lettings agency lose the landlord a tenant by being robbing bastards, he is unlikely to continue using them.

They'll have to weigh up the loss of you paying nothing and the amount they could rob the next tenant of if you leave with how much they'll lose if the landlord dispenses with their services altogether.

You need to make sure the landlord knows the situation though because goodness only knows what the agency are telling him.

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By (user no longer on site) OP   
over a year ago

I've got a visit on Monday from the landlord and the letting agency to view the property and I'm going to say something then.

I don't think the landlord is aware of the fee that the letting agency is charging.

Hopefully I can get the landlord on his own and come to some arrangement.

£60 is probably reasonable but not the amount I mentioned before.

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By (user no longer on site)
over a year ago

With assured and assured shorthold tenancies (i.e. most of those which started after 15 January 1989) the Housing Act 1988 specifically provides that if tenants stay on after the end of their fixed term, the law will create a new tenancy, a 'statutory tenancy' (because it is created by statue). This will be a ‘periodic’ tenancy, starting immediately after their fixed term ends, and will run on from month to month or from week to week, the 'period' depending on how their rent is paid. Apart from this, all the terms and conditions of the preceding ‘fixed term’ tenancy will continue to apply.

Some LLs and LAs have little knowledge of Housing Law - tell the LL (in writing) that once a Fixed Term AST has expired the Housing Act 1988 allows for a Statutory Periodic Agreement to arise, under which all the terms of the original Fixed Term remain in force except for any that "determine" the contract ( ie fix a date on which it would end) You as the T have to give the LL one month's notice, and s/he has to give you two months' notice, both to tie in with the rental period. If your original Fixed Term ends on say the 15th of the month, then your rental period (if paying monthly) would run from 16th of one month to the 15th of the next.

(Couple of snippets I pulled from the web)

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By *ee VianteWoman
over a year ago

Somewhere in North Norfolk


"I've got a visit on Monday from the landlord and the letting agency to view the property and I'm going to say something then.

I don't think the landlord is aware of the fee that the letting agency is charging.

Hopefully I can get the landlord on his own and come to some arrangement.

£60 is probably reasonable but not the amount I mentioned before.

"

There's absolutely no work to do. No fee is reasonable.

When you rent a place there is advertising and viewings, a credit check, managing the deposit (have you been informed which scheme yours is in?), paperwork and various other chargeable stuff.

To renew, absolutely none of that is needed. £60 for 5 minutes to change the dates on the contract and print it is still extortion.

Besides, I'd tell them to get knotted on principle after they tried to fleece you for £120.

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By *uggarbunnyWoman
over a year ago

Doncaster

One reason I like private LL. After the initial contract it can become a rolling contact. I agree with the comments made. Talk to the LL. Let us know the outcome

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