
Lettings fees are bullshit. Seriously, **** 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 **** 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 ****. How can they justify that?
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Yup it's absurd. It's been ridiculously easy to find private landlords as a student, but I worry for when I'm not. Fortunately government talks about fee bans are due to begin... in 4 months.Lettings fees are bullshit. Seriously, **** 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 **** 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 ****. 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?
Last edited by Neversoft; 17-03-2017 at 12:14 PM.
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