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£99 fee to renew tenancy agreement!

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Old 11 June 2013, 12:24 PM
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tony de wonderful
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Default £99 fee to renew tenancy agreement!

Don't you just love estate agents!?

I'd like to tell them to bugger off but I am away with work for weeks on end can do without the hassle of being asked to leave with a month or two notice.

I know I could probably investigate this more but don't have time.
Old 11 June 2013, 12:32 PM
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Ask them for a rolling contract
Old 11 June 2013, 12:40 PM
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tony de wonderful
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Originally Posted by Infected by sti
Ask them for a rolling contract
Then I could be kicked on in two months, but then I think I could be anyway after 6 months of my 12 months?

Renting sucks in this country.
Old 11 June 2013, 12:42 PM
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pretty normal
Old 11 June 2013, 12:55 PM
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Its a pure joke! I got hit with a hefty admin fee the last time I moved. I'm planning on moving again, the house I like is through the same agent and I will be refusing to contribute to them as they are a complete shambles to deal with.
Old 11 June 2013, 01:06 PM
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Originally Posted by tony de wonderful

Then I could be kicked on in two months, but then I think I could be anyway after 6 months of my 12 months?

Renting sucks in this country.


Yes and no it depends on your agent, my rolling contracts are based on 6 months agreements so both tenants and myself are secure, and tbh we ain't had a problem yet, but £99 for signing a bit of paper takes the pìss lets be fair

Can't you try to renegotiate your contract with them, if your happy there that is.
Old 11 June 2013, 01:16 PM
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Saxo Boy
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Don't know if it's a Scotland only thing but these fees were stopped and you can claim them back as well. We are waiting to claim back from our agent just as soon as we leave them (don't want to rock the boat while still here!)
Old 11 June 2013, 02:01 PM
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Leslie
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Sounds like a rip off to me anyway.

Les
Old 11 June 2013, 02:13 PM
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If you and the landlord are both happy then go direct, cut out the middleman. That's what I do with my, now 5 year, tenant.
Old 11 June 2013, 05:02 PM
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You want to see what the jokers want to charge a Landlord to renew...

I got an invoice a couple of years ago for £1200 + Vat, for the 10 minutes work getting a tenant to renew his contract for another 12 months.

Last edited by cookstar; 11 June 2013 at 05:04 PM.
Old 11 June 2013, 05:15 PM
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Rescue Dude
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Tell them to swivel!!

Good info here;

http://forums.moneysavingexpert.com/....php?t=3862421
Old 11 June 2013, 07:29 PM
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It'll cost them alot more than £99 to find a new tenant!

Might be worth reminding them of this before you sign/pay ;-)
Old 11 June 2013, 07:33 PM
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Originally Posted by Boro
It'll cost them alot more than £99 to find a new tenant!

Might be worth reminding them of this before you sign/pay ;-)
It doesn't go to the Landlord! If anything the agent is hoping tenants do NOT renew as they can charge a whole lot of commission for finding a new tenant.
Old 12 June 2013, 03:56 PM
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his-n-her-scoobs
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I have never charged such a fee on the property I lease directly. And if I found out that the agency running my other property even considered doing such a thing I would pretty soon kick them into touch. Am considering booting them anyway, they do bugger all for their money really.





Last edited by his-n-her-scoobs; 12 June 2013 at 05:30 PM.
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