Letting a Property > is £76.50 p/p a reasonable amount for reference?

Xtreme

Hi there , were letting a property through an agency but they want us to be reference checked , which is fair enough but £76.50 per person ? thats £150 for two people ??

can you barter with a letting compay on their fees ?

has anyone anctualy done this sucsesfully ?

nmiah786

I'm afraid to say thats the sort of amount the agents charge. Try negotiaying with them. Ask them who they are using to do the referencing. Then go onto the referencing companies website and see what they normally charge. I afraid a lot of EAs will charge an admin fee which is built into the £76.50 that you mentioned.

BTW I know Letsure charges about £25 for a comprehensive referencing.

Xtreme

They are using FCC Paragon which charge £20 p/p for a full reference check .... which means they are making a proffit of £56 per tennant ....

Rave

Is there a shortage of rental property in your area? If not, tell them to sling their hook and start enquiring elsewhere. They'll probably soon come crawling back when faced with the prospect of not earning their fees.....