Tenancy Setup Fees

he1enw

Family member is going to be renting before June so fees will still apply - the agency states the cost on the website but no breakdown, are they required to put a full breakdown on display as a lot of other agencies do.

Can they refuse to provide it if I ask for one?

need_an_answer

That would suggest that there may be different components that make up the fee.
Whilst they may not list all the fees on the website I see no reason why a tenant wouldn't be given a breakdown of the proposed fees if they asked for a quotation for their circumstance.

Potentially they may try and claim GDPR would stop them giving someones personal quotation to you but no reason why they shouldn't provide a breakdown to the tenant

he1enw

I would expect that there would be different elements, such as obtaining references and credit checks and things.

I don't think GDPR would be applicable as there would be no personal data involved.

need_an_answer

But the agency may only want to give a detailed quote to the person making the application for the tenancy which is why they may not wish to share the information with you if you are not the tenant

Presumably you have asked for this information and been declined, or have you not asked for it?...in which case just ask them and see what their response is!

If the answer was no we cant provide a breakdown to you what was the response to you asking "why not"?

he1enw

Ah, should have clarified here - we are going to the letting agency with them tomorrow to help with the paperwork and act as guarantor so want to be sure we don't get stung for anything we shouldn't!

need_an_answer

he1enw wrote: »

Ah, should have clarified here - we are going to the letting agency with them tomorrow to help with the paperwork and act as guarantor so want to be sure we don't get stung for anything we shouldn't!

Just to be clear, the tenancy that is set up is between the Agency/LL and the named tenant.

Its not like there is a menu that you choose certain options I'm afraid.
Potentially the only thing the tenant could refuse is to pay extra for a Saturday move in and decide on a weekday instead.


Acting as a guarantor doesn't give you automatic access to that agreement and whilst you can cast an eye over things you do not play any part in the tenancy agreement that is then produced.

You will only ever be involved if the tenant defaults on a rental payment or monies due as a result of the entire tenancy.

macman

If you sign as guarantor then you are most certainly going to be stung for payment if your relative fails to pay their rent in full and on time. You will be 100% liable.
If they can't pass the credit/reference check, can they afford the rent?

need_an_answer

Is the tenant a student moving into shared accommodation by any chance?

or indeed someone you are being guarantor within a shared house?

As guarantor you will need to be very clear on whom is named on the tenancy as you could end up guarantor for a housemate you don't know who then defaults.

You may need to be a little clearer in your posts so that you can get the correct advice else yep you could end up being "stung".its not the tenancy set up fees that you should be overly concerned with having a fast one pulled on you,in your position I would want to be much clearer over the agency setting out exactly who you are guarantor for


Who is moving to the accommodation,with whom and on separate or joint tenancy agreements?

parkrunner

Bear in mind that they can come up with any breakdown they like as long as the total already quoted is reached.