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Tenancy agreement renewal
My sons tenancy agreement has come up for renewal and the letting agents are asking for an 'admin fee' of £90 - he's asked what its for and been told its for preparing a new agreement etc. The agreement they sent him is a copy of last years save for new dates! Sounds like a rip-off to me. They reckon he'd agreed and signed to this when he took on the tenanacy last year but surprise surprise can't now produce a copy of that signed document. Needless to say he's not happy to pay their fee - after all they've done nothing by way of preparing a new agreement and can't back up their claims that he's agreed to this.Its his belief the landlord is responsible for any such agreement. Any thoughts?
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It is a tenant's market at present, tell them if they don't drop their fee then their client will have no tenant. And whilst he's at it, tell them he wants a reduction in rent.
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The few rental places I've had it's always moved onto a rolling monthly agreement once the initial period is out of the way (i.e. 6 or 12 months). No admin fees or anything else.
Once into the rolling agreement you had to give 1 months notice if you wanted to move out and the landlord had to give you 2 months if they wanted you out (unless you weren't paying etc.). Sounds like they have prepared a new 6/12 month agreement which does effectively give you greater security. Would still tell them to shove the admin fee though :D |
Originally Posted by john banks
(Post 8612642)
It is a tenant's market at present, tell them if they don't drop their fee then their client will have no tenant. And whilst he's at it, tell them he wants a reduction in rent.
There are Landlords begging for Tennants! |
Originally Posted by Coffin Dodger
(Post 8612652)
The few rental places I've had it's always moved onto a rolling monthly agreement once the initial period is out of the way (i.e. 6 or 12 months). No admin fees or anything else.
Once into the rolling agreement you had to give 1 months notice if you wanted to move out and the landlord had to give you 2 months if they wanted you out (unless you weren't paying etc.). Sounds like they have prepared a new 6/12 month agreement which does effectively give you greater security. Would still tell them to shove the admin fee though :D They're probably trying this with all their clients on renewal now, nice little earner for them. :mad: |
contract renewal fee is bog standard on let properties, i think we pay £50 every renewal. They will have told you at the time of signing the contract in the first place (they legaly have to). You can argue the toss if you like, but even if they do change it, when the economy picks up and prices jump, there gonna be more enclined to turn round and jack the prices up on you and your gonna be stuffed.
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I wouldnt be surprised if the Landlord is also taking it up the "Dirter" ,paying the letting agent a fee for having you renew for another six months .!!!
Most are Estate Agents you know .!!! Not shy about taking you money !!!! |
I rent out a house and what your son is being asked for is legitimate assuming he was told up front, and there has been a change / variance of terms and conditions over the let period. To be honest I quote £20 and never charge any of my tennants assuming they have been okay with me ( no hassle, pay on time, etc. ). At the very least I would tell your son to try an negotiate the fee. :)
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He doesn'#t have to sign a new agreemnet. If he refuses it automatically goes onto a rolling monthly tenancy. The lanlord can't simply evict you (or your son) and if he's been a good tenant then the landlord wouldn't want to. All it does is give the tenant the sense of security that they will be staying "X" number of months but it also means that the lanlord or agents know they have a tenant in the property.
Tell them to stick their admin fee where it hurts! For the record, wifey has a prtfolio of properties that she/we rent out and we never charge a fee. |
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