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unreasonable agent fees?
kat1311
Posts: 39 Forumite
I'm currently renting a 2 bed flat with a friend on a 1 year tenancy which is due to finish in August.
My flatmate is will be moving out soon. I want to stay in the flat, but on my own.
We contacted the agent to ask about changing the contract reflect these changes and were told there would be a fee of £340! :eek: This would simply be to remove my flatmate from the contract (not to add anyone new to the tenancy).
Does this seem unreasonable? I wouldn't object to paying a small fee, but £340 seems like a lot of money to simply delete a name on a contract.
My flatmate is will be moving out soon. I want to stay in the flat, but on my own.
We contacted the agent to ask about changing the contract reflect these changes and were told there would be a fee of £340! :eek: This would simply be to remove my flatmate from the contract (not to add anyone new to the tenancy).
Does this seem unreasonable? I wouldn't object to paying a small fee, but £340 seems like a lot of money to simply delete a name on a contract.
0
Comments
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Of course its unreasonable and blatant rip-off for 2 mins of Word editing, but unfortunately welcome to the world of unregulated letting agency working practice. There have been worst.
I don't know what can you do ? Try to haggle ? Was it mentioned in the contract ?0 -
Do you have to change contract? Why not let LL worry about that !0
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By law the agent must now publish their fees. Did they explain why they needed to charge £349? Have you complained to the PRS?
And finally contacted your ll to ask them to give you a new tenancy agreement.
Just FYI if your friend leaves and gives notice, u must also leave or have an agreement setup. Speak to LL, not agent.0 -
By law the agent must now publish their fees. Did they explain why they needed to charge £349? Have you complained to the PRS?
And finally contacted your ll to ask them to give you a new tenancy agreement.
Just FYI if your friend leaves and gives notice, u must also leave or have an agreement setup. Speak to LL, not agent.
The fees are published on their website, so they are displaying them. They haven't given any justification for the price though, only that it is the standard fee for changing a tenant on the contract.
Can I ask the LL to give me a new tenancy agreement directly? The property is fully managed by the agent, but I do have the LL's details. I was under the impression everything had to be done through the agent?
Who are the PRS?0 -
They don't have to explain their fees. There is no ground for complaint.
Certainly, what you ask is not a "2 minute job".0 -
The fees are published on their website, so they are displaying them. They haven't given any justification for the price though, only that it is the standard fee for changing a tenant on the contract.
Can I ask the LL to give me a new tenancy agreement directly? The property is fully managed by the agent, but I do have the LL's details. I was under the impression everything had to be done through the agent?
Who are the PRS?
Your contract is with the LL. Think of the agency as their personal assistant.
Every agent must be with a redress scheme , again should be on their website, where you can complain.0 -
jjlandlord wrote: »They don't have to explain their fees. There is no ground for complaint.
Certainly, what you ask is not a "2 minute job".
Can you please tell me what is involved in resolving such a request ?
To put things in perspective, typical conveyancing fees are £800-£850, so I am interested what kind of work the LA needs to do to justify £340, on top of the admin fees that they(possibly) levied initially.0 -
Can you please tell me what is involved in resolving such a request ?
To put things in perspective, typical conveyancing fees are £800-£850, so I am interested what kind of work the LA needs to do to justify £340, on top of the admin fees that they(possibly) levied initially.
Perhaps the LA does £1 of actual work in relation to the contract, has £330 of other costs to cover and takes £9 profit.
Or perhaps they do the £1 of actual work, have £20 of other costs to cover because they run their business from a shed in their back garden and takes £319 profit because the market rate is £340.0 -
Well, in my opinion this sector is in need of an "Uber"-like disruption.0
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Does it include credit checking you to confirm you can afford the place on your own, taking and protecting a new deposit for the new tenancy, a new check-in inventory, and a new contract? You wouldn't want to be suprised by extra costs later.Don't listen to me, I'm no expert!0
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