PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Direct debit fee

Have just moved into a house and when signing contract we advised the direct debit date wasn't OK and would like to move it to 1st of every month, the letting agent told us to ring the office to change it.

Have called today and the agency want to charge £60 to change the direct debit date. Is this normal?

Comments

  • Pixie5740
    Pixie5740 Posts: 14,515 Forumite
    10,000 Posts Eighth Anniversary Name Dropper Photogenic
    What do you mean that the direct debit date was not ok? Was it not going to be set up for the date you are contractually obligated to pay rent on/by?

    LA have admin fees for pretty much everything so yes I'm not surprised they want to charge you £60. You could always set up a standing order to pay the rent at your end therefore negating the need for the LA to do anything.
  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    As Pixie says, set up a SO instead. I think rent is one of the types of payment where a DD is a bad idea, it's far better to be in control yourself, which you will be with a SO.
  • Alter_ego
    Alter_ego Posts: 3,842 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Wrong title, this is an admin fee - There are no dd fees.
    I am not a cat (But my friend is)
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Cancel the DD.

    Set up a Standing Order.

    However, remember that rent is due on the date specified on your tenancy agreement, not necessarily on the 1st of the month (or any other date you happen to select ie your pay date).

    You don't pay for your shopping on the 1st, you pay when you shop.
  • kinger101
    kinger101 Posts: 6,573 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Any agent who collects rent via DD needs shooting anyway. There was a post on here about a year ago where a tenant did a fraudulent chargeback. Not sure what happened in the end, but potentially the LL lost thousands.
    "Real knowledge is to know the extent of one's ignorance" - Confucius
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.4K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.6K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.