Renting - admin fee

wagboteddy

I may be moving to a house which is no damage deposit, first month half price rent and a admin fee of £250. I spoke to the agents and said about my bad credit history but that I have always paid my rent and can prove that and they said as long as I'm honest it shouldn't be a problem - should I pay the admin fee and hope that's the case or might they still decline it ? How much do letting agents look into the credit history ?

Thanks

kirkbyinfurnesslad_2

They are lying through your teeth just to get your money.

Tread with care

princeofpounds

The LA won't make the decision, the LL will (though they may delegate it, most don't at this stage).

Normally a third party referencing agency will be used to supply your credit information. They will likely also produce a 'recommendation' based on their own standards, which a LL may or may not take notice of depending on whether they want to understand the details or not.

If you have bad credit you can improve your chances by having a guarantor and/or paying 6m rent up front.