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Found the fees for letting agent online- are these normal?

cashmonger
Posts: 411 Forumite
I found a pdf of the companies' fees online and there look to be loads more fees I hadn't been told about yet, the worst of which is the price for drawing up the tenancy agreement. Is it normal to be charged a large chunk for that? I don't recall it in the past or maybe since it was a one off I wiped it from my memory. They are stating £300 for that!
here are the listed fees that seem to apply to me.
I calculated that to £672 in fees before even including rent or deposit!!!
here are the listed fees that seem to apply to me.
If I had to pay all those fees backing out of the £150 admin fee seems more appealing and looking for another agent. But who knows if their fees won't be just as bad. If so I will just stick with this and take the hit. The tenancy agreement fee is the big one I was unaware of. What price is it normally? and never knew about checking in fees or agreement of garauntee.The Initial Money consists of:
• First month’s rent in advance
• Security Deposit - one and a half month’s rent
• Administration Fee £50 per tenant
• Referencing Fee £75 per tenant
• Check-in fee - minimum of £72.00
• Tenancy Agreement £300 (if supplied by us)
If there are any guarantors to the tenancy:
• Guarantor Referencing Fee £100 per guarantor
• Agreement of Guarantee £75
• Extension Agreements £125
I calculated that to £672 in fees before even including rent or deposit!!!
0
Comments
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Seems very excessive, mine was £125, that was referencing, inventory and contracts. Think I paid the deposit protection scheme fee too which was under 20 quid.0
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