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Cost of Tenancy Agreement/who pays?
Comments
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Thanks Avo, viewed a nice property direct with Landlord at the weekend, nice guy, 4 week bond, 4 week rent up front and just wanted £20 for a credit check, shame the house was not quite big enough.0
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Hi Pixie, Im no expert so not looking to get into a detailed discussion as such, but according to the Countrywide website, Landlords Guide to Services, Tenant Introduction is charged @ 10% of the total value of the rent (or 13% for standards letting service or 16% for Full Management).
A separate cost of £300 Gross / £250 Net exc VAT is charged to the Landlord for drafting and execution of tenancy agreement document.0 -
That's just how countrywide operate, they are the big daddies of estate agency & own many high street brands, they must pay their shareholders lol!
The only thing you can do is vote with your feet, which can be hard if they have a particularly lovely house on!0 -
Which ombudsman scheme does the letting agent belong to?
* The Property Ombudsman
* Ombudsman Services Property
* Property Redress Scheme
The code of conduct for the Prop Omb scheme for example says:5n You must not make a tenant or landlord pay a charge for or be liable for an element of your service that the other party has also bbe charged for0 -
They are member of redress scheme provided by The Property Ombudsman https://www.tpos.co.uk0
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They have the Property Ombudsman logo on bottom of their website0
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well there you are then,.0
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Thank you GM, much obliged0
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