Haha, just another way to get money by the landlord.
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Lettings fees are bullshit. Seriously, fuck estate agents. I've rented three separate apartments over four years and the admin fees are — without fail — simply ridiculous. Recently I had to break my lease early due to extenuating circumstances, which the landlord didn't mind as long as I paid the fees the estate agents charge for locating a new tenant. I said sure. It ended up costing £650. They relisted the old ad on their website, showed up for a couple of viewings, referenced one single tenant and printed out some generic paperwork. Why the fuck does that cost so much? And look at the fees for this estate agent here — £120 for them to transfer the deposit to the landlord? And £246 to prepare the paperwork! What the fuck. How can they justify that?
Ugh. Their fees should have been abolished or regulated a long time ago. They're ridiculously inflated. Although no matter what is implemented, I'm sure they'll find some loophole. These people are ruthless. The tenant already has to pay a hefty sum upfront what with the rent and the deposit, I don't think it's warranted to charge them for anything else besides referencing, yet all these miscellaneous costs are bundled together and labelled an admin fee. There are probably some decent ones out there, but I have such disdain for estate agents. The ones I have dealt with only care about money and are actually so disingenuous and unhelpful. They've never been able to explain to me what the admin fee actually encompasses and why it costs so much.
Oh! I also remember being charged £50 for them to renew the tenancy agreement, which was apparently money for nothing because they didn't even provide me with any new paperwork. I had to sign a sheet of paper they sent me saying I was happy to renew the lease for another year, then I had to go to them personally to hand it back. I guess they used a £50 stamp?
a shopping centre charging you to use the toilets
cheeky as fuck
Yeah they charge us 150 I think to renew ours.. we never even get a new contract to say we are keeping it another year. We're just about to pay all the new fees for our new property and altogether including deposit and first months rent it's over 2k which is just shocking. We've had to pay a fee for us to have a guarantor because I'm still a student for two months, which is ridiculous to have to pay to have them.. The entire thing is a joke. I'm expecting them to take away some of our deposit too just because they can.